Denise P asked:


Is there such thing as free banking for a not for profit? We are not a charity, just not for profit, and looking for the best bank account in terms of low (or no) fees. Some do a year’s free banking but we cannot find any that do completely free banking – does this exist? We were originally tempted by the co-op’s ethical policies but they aren’t so ethical when it comes to allowing Christian groups to speak about what they believe, so that put us off, even though we are not a Christian group. Any advice most appreciated!

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ccartertn2002 asked:


I am setting up a new bank account for my new business and the bank manager wants to know “how will you process your receivables?”.
How do I answer this question?

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melbperson asked:


Hi..I’m moving to California on a one year work and holiday visa..Could you pls tell me how to open a bank account and what are the documents I need ?

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scat3red asked:

I’m starting a business in Costa Rica which requires an offshore bank account. Is it possible to open a business account over the internet with a bank in the Caribbean that doesn’t require a minimum deposit?

I’ve noticed that people usually open an offshore account and start their own company in the Caribbean to avoid paying tax. But is it possible to open a business account with a company started/registered in Costa Rica (not in the Caribbean) instead?

Any information people can provide will be very much appreciated.

MadgeLivesInMarbleArch asked:

I am contracting as a limited company in the financial services industry in London. Because of new regulations, anyone contracting as a limited company must now have a business bank account. Can anyone in a similar situation recommend/give advice as to the best bank to go with in this case?

I know nothing about business bank accounts, eg how long do they take to set up, what are (if any) the fundamental differences between a business bank account and a personal on etc.

steven asked:


A company that I’m planning to contract with as a consultant wants me to setup a separate bank account for business. Can I setup the bank account for my sole proprietorship just like I would a personal account? Do I need to use different account forms or use a different account type?

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spschalc asked:

I started a side business and just got my first client he is paying by check. The problem is the check is made out to the company and I don’t have a business bank account? What do I need to get a business bank account? What is the easiest way for me to deposit this check so I can finally afford to incorporate.

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Michael asked:


I would like to open a bank account in Canada, but i’m not Canadian and i don’t live there,so is it possible?
and what are the best banks there?

Catherine H asked:

A friend unexpectedly got a construction bid overseas and the overseas client is ready to pay. Need to open a wire transfer bank account at one of the two banks used by client in U.S. However, both banks and their branches are in other parts of U.S. Is there anyway to do this?

mobwars29 asked:

I’m wondering what a bank account is called that is run by several people. That has a sort of check and balances effect so that one person doesn’t have all the power. Can anyone help me?