Questions

Results for: Banking

Silicon Valley Bank. Tell them I sent you and they'll take care of you ;-)

Continue


We had a similar issue. Assuming all 3 co-founders are American citizens I can think of two banks: Everbank and BofI. If your co-founders are merely living in America but not citizens, BofI is out. Everbank however will still allow you to bank with them but you might have to jump through some h...

Continue


You have asked the golden question. As a business banker, we all struggle with getting deposits. Going after key industries (escrow companies, property management, HOA's, etc) will help in this. However, there are many options to help get deposits. I'd be happy to hop on a call and talk about thi...

Continue


I am based in Canada and ended up opening a US bank account with Harris Bank in Chicago without physically visiting their office. This was about 4 years ago. So maybe contact them and see if they could help you.

Continue



Without knowing where in the world you are it's hard to name any specific institutions but here are some things I've learned over the years: 1. Don't do business banking virtually. By having a relationship with my local bank officer I was allowed to go over my line of credit limit by $5,000 for 1...

Continue


Hello, I believe that you may be over-complicating this a little. Typically, you need to have either citizenship or some other legal presence within a country to open a checking account within it. I would recommend establishing accounts in your own country first and then using ATMs in other cou...

Continue


A simple Google search will give you answers to this question. I am not an accountant or a banker and this is not "professional advice." From the articles you will see, it is clear that setting up an account for a foreign company is possible. However, you must provide plenty of paperwork to sat...

Continue


Hi, if you are stateside, I recommend a great assurance and tax accounting firm, Elliott Davis. If you need to discuss how to structure your business - call the Greenville,SC office and speak to Charles Duke (this is his wheelhouse). I specialize in identifying new revenue within the categories y...

Continue


The way I set up one of my businesses (which is in China) is creating a HK company with a company bank account in switzerland. The chinese company is "selling" to the HK company and the HK company is "selling" to the customers. Since the business itself is not being done in HK, you don't need t...

Continue


Copyright © 2022 Startups.com LLC. All rights reserved.