Get Wells Fargo Simple Business Checking

Yes, non-residents can open a Wells Fargo Simple Business Checking account, though certain requirements apply. You will need to provide a valid passport and documentation that proves your business's legitimacy. Also, keep in mind that local regulations and additional paperwork may be necessary. This provides non-residents a pathway to manage their business finances effectively.

To open a Wells Fargo Simple Business Checking account, you will need to provide essential documentation. This typically includes your business license, Employer Identification Number (EIN), and a government-issued ID. Additionally, you may need to deposit an initial amount, which varies by specific account terms. Gathering these documents ensures a smooth account setup process.

Yes, Wells Fargo Simple Business Checking does have requirements for maintaining a minimum balance to avoid monthly fees. Specifically, if you maintain a balance of $500 or more, you can waive these charges. This feature is particularly beneficial for business owners who want to manage expenses effectively. Understanding these requirements can help you plan your finances better.

Everyday Checking fees and details You can avoid the $10 monthly service fee with one of the following each fee period: $500 minimum daily balance. $500 or more in total qualifying direct deposits.

Initiate Business Checking fees We want to make it easy for you to avoid service fees. To avoid the $10 monthly service fee, maintain a $500 minimum daily balance or a $1,000 average ledger balance during the fee period.

Chase Business Complete Banking℠ at a glance Monthly fee:$15 (multiple ways to waive including maintaining a minimum daily balance of $2,000).Minimum opening deposit requirement:$0APY:NoneTransactions:Unlimited electronic deposits; 20 free teller and paper transactions per month.1 more row • 17 Feb 2023

However, the maximum daily withdrawal limit is likely to be about $1,500 and the daily ATM withdrawal limit is likely around $300. If that doesn't sound like enough, you can request an increase by contacting customer service at Wells Fargo by phone or in person.

Opening a business bank account requires proof of identification for both you and your business. Examples include your state-issued driver's license or passport, your business license or your partnership agreements. Your business also may need to provide additional materials.

To order checks by phone: Personal accounts: Call Wells Fargo at 1-800-TO-WELLS (1-800-869-3557). Business accounts: Call Harland Clarke Corp. at 1-800-237-8982.