How do I set up a business bank account for my Wyoming LLC?
Call your bank and make an appointment for setting up a business bank account.
You will need to bring:
- Copies of your filed Articles of Organization
- Tax ID Number from the IRS
- Operating Agreement
- Initial Resolution
- Personal Identification
Do I have to be present to set up an LLC business bank account?
Bank accounts can only be opened in person. You do not have to be present, but someone must be.
If you wish to designate someone other than yourself to open business accounts for you, you will need to authorize that person to do so in your Operating Agreement. Then, when the bank reviews your documents, they will see that the person present at the bank does indeed have the authority to open accounts for your corporation.
If I designate you as my incorporator, can you open accounts for me?
No, simply being your incorporator does not allow us to open a business bank account on your behalf. However, with our LLC service, you will obtain all documents required by banks to open a business bank account. On top of that, when you hire us, you’ll be able to use our business address for all your banking needs, which adds another layer of privacy between your personal life and your business life.
If my Wyoming LLC owner is listed as a separate company, how do I open accounts for my Wyoming LLC?
If Business A owns Business B, and you wish to open accounts for Business B, you will need the following documents for BOTH companies:
- Articles of Organization
- Tax ID Numbers from the IRS
- Operating Agreements
- Initial Resolutions
- Personal Identification
In the Operating Agreement of the parent company (Business A), you will need to authorize someone to open bank accounts for the subsidiary company (Business B). Your bank will not open accounts with someone who is not officially authorized to do so.