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My small business has an account where one of the two signers has gone awol. We want to dissolve the account and open a new one. How do we do this?
Camille, New York
January 6, 2015 02:49:12 PM
In reply to Camille, New York
We appreciate you coming to TD Helps with your concerns and inquiry, Camille. We would be happy to help!
We are happy to inform you that any authorized signer can close a business account by visiting your nearest TD Bank Store. Once that account is closed, you may then open a new Business Account of your choice. For information on our Store hours and locations please visit, http://bit.ly/TDStores.
To open a business account during your visit, there are a few things you'd need to bring with you. If your business account is going to have multiple signers, be sure to bring them with you for the account opening process. Those who are going to be signers on the account need to bring the following documents: a valid photo I.D. (Driver's License, Passport, Military I.D. etc.) and Social Security number. For a non-resident alien opening a business account, you will need two valid forms of ID and a W-8Ben must be completed during the account opening process. Also, be sure to bring the Tax Identification number for your business.
If you are looking to open an LLC, there are some additional documents you will need to bring with you. One of the listed documents is required for account opening but you can bring more than one if you desire: The documents used to form and register your business, the fictitious name registration or the Operating Agreement. Additionally, you will also need to bring documentation of your LLC Resolution.
We also suggest reviewing the types of business accounts that TD Bank has to offer. If you take a look here, http://bit.ly/1lWgAhe , the link shows the types of business checking accounts that we offer. Our web page can even make a selection based on your needs with the Business Checking Selector tool: http://bit.ly/1lGeYmw. If you have any questions while reviewing these options, a Business Banking Specialist would be happy to assist you over the telephone. You can reach them by dialing 1-855-278-8988.
We hope this helps Camille. Please enjoy your day and let us know if you have any other questions.
Yen D, Mount Laurel
January 6, 2015 02:52:25 PM