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Business bank accounts despite bad credit?
 

Is it possible for you guys in the US to open business bank accounts if you have bad credit score?


If yes, do these accounts have limits on how much money you can receive per month or how much money you can withdraw?

Re: Business bank accounts despite bad credit?
 

No issues, only with getting a credit card.

Re: Business bank accounts despite bad credit?
 

Banks do not check your credit score when you apply for a business bank account,not in US.
But fees are higher though,and you may have to keep a higher minimum balance

Re: Business bank accounts despite bad credit?
 

Yes you can open a savings/checking with bad credit

Receiving limits not really

Re: Business bank accounts despite bad credit?
 

Lucky you guys!! I think the banking system we have here is from the age of dinosaurs. Conventional banks have frowned upon me so far due to my credit score.

The only option I have for now is to open something called "online" account, these come with a MasterCard, but there are heavy limits on how much you can withdraw per month (no more than 20-60k depending on the bank).