Opening a business bank account when you have a registered agent in a different state

[Apexpursuit]

How do you open a business bank account when you use a registered agent in a different state? I have a Wyoming LLC and tried to open Wells Fargo checking but they will not let me unless I can provide them with a utility bill. The RA won't give me one.

What banks have worked for those with a registered agent?

[SaiJin]

what do you mean by a "registered agent" ?

[Apexpursuit]

Originally Posted by SaiJin

what do you mean by a "registered agent" ?

I have a registered agent in Wyoming for my LLC

[rsot]

have you tried dealing with the bank directly instead of via the RA?

[Apexpursuit]

Originally Posted by rsot

have you tried dealing with the bank directly instead of via the RA?

Yes I have but since the business's registered address is in a different state and I cannot provide a utility bill they will not let me open the account. Do you think the bank will know if I just say my personal address is my business address?

[agent006140]

I dont think bank will check your address,but from my personal experience with Wells Fargo,commercial checking account requires a minimum balance,monthly fee .
It may ask some documents like DBA(DOING BUSINESS AS),

[Hank]

Originally Posted by Apexpursuit

Do you think the bank will know if I just say my personal address is my business address?

I can't speak for every bank, but in the main then yes, they will know.

[yankee]

Most banks could care less what the address is. Really, all they care about if your Articles, That the name matches the EIN and mostly, YOUR social security number and ID.

[Beautiful]

Maybe work with a different bank? They may have different requirements

[guitarca18]

So is everything WY? The business address also? I've been checking out the different registered agent services in WY lately. I found one that would actually open the bank account for you because they know some of the major banks won't let you.

[Apexpursuit]

Originally Posted by guitarca18

So is everything WY? The business address also? I've been checking out the different registered agent services in WY lately. I found one that would actually open the bank account for you because they know some of the major banks won't let you.

Check which banks. My RA does the same thing but they are small banks. I would prefer to open an account with a larger one.

[yankee]

I lived in WY the past four years. There is almost zero big banks. WF closed all their locations as far as I am aware.

[BlackLion]

Try a Credit Union

[SaiJin]

Originally Posted by yankee

I lived in WY the past four years. There is almost zero big banks. WF closed all their locations as far as I am aware.

Oh wow. Just not enough "big" activity in WY or so?

[agent006140]

Big banks have been closing branches,there is not enough traffic,these days you dont need to go to a physical branch,unless you are applying for a mortgage.
Wonder what kind of jobs can the bankers find?

[yankee]

Originally Posted by SaiJin

Oh wow. Just not enough "big" activity in WY or so?

The entire state has less than 600,000 people. Plus Wyoming is the last free state with great laws for citizens that are not great for banks. MOST credit unions wont do business with people who live in Wyoming too.

[agent006140]

so how do they do banking?

[frau23]

Originally Posted by Apexpursuit

How do you open a business bank account when you use a registered agent in a different state? I have a Wyoming LLC and tried to open Wells Fargo checking but they will not let me unless I can provide them with a utility bill. The RA won't give me one.

What banks have worked for those with a registered agent?

I know that many banks may shut down your account even if they open it due to risk factors because they’re has been lots of fraud where ppl register a company in one state and open bank’s accounts in other states or even within the same state but too far from their original zip code.

[rsot]

Originally Posted by frau23

I know that many banks may shut down your account even if they open it due to risk factors because they’re has been lots of fraud where ppl register a company in one state and open bank’s accounts in other states or even within the same state but too far from their original zip code.

Interesting

[Apexpursuit]

Originally Posted by frau23

I know that many banks may shut down your account even if they open it due to risk factors because they’re has been lots of fraud where ppl register a company in one state and open bank’s accounts in other states or even within the same state but too far from their original zip code.

I was told the same the reason by Wells Fargo. They said even if you are are able to open an account online if they find out at some point your account will be shut down.

[alekov]

I doubt Wells Fargo checks over documents the way Amazon does. Can't you just give them a creative Electric Bill? Use your own bill but just change name and address to the corporation and their address?

[Apexpursuit]

Originally Posted by alekov

I doubt Wells Fargo checks over documents the way Amazon does. Can't you just give them a creative Electric Bill? Use your own bill but just change name and address to the corporation and their address?

Probable but it’s easier for me to just use a small more private bank.