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account for this LLC. What forms would you require to open the account and since the managing member of the LLC resides in the United States, can we provide a Power of Attorney to have an employee of the LLC come into a branch to open the account?
Anju, Fort Worth
March 6, 2016 01:19:19 PM
In reply to Anju, Fort Worth
Welcome to TD Helps and congratulations on your new business, Anju! We're happy to provide you with the information needed to open a Business Account.
In order to open a business account all signers must visit a TD Bank Store and be present for the account opening process. If only one signer will be available to visit the Store they can still open the account, however, the other members will not have access to the account until they have physically step into a TD Bank Store and are added as signers. To add another signer to the account at a later time, every signer that was present at the time of the opening must also be present when adding another person to the account. You also have the option to obtain multiple debit cards which you can provide to the other members until they are added as signers; although this will not allow them to view the account or request information, they will still be able to make transactions.
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 aliens 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.
Since you are looking to open an LLC, additional documents will be needed. 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.
Prior to visiting a Store, we suggest reviewing the types of business accounts. 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 855-278-8988.
Once you've decided on the right account for your needs, you/your partners can stop by your local TD Bank for assistance. Although is not necessary, we recommend contacting us 24/7 at 888-751-9000 to schedule an appointment to save you time since you are traveling abroad. You could also click here: http://bit.ly/SWDqsn to fill in a form to request a call form a Small Business Banking Specialist. For information on our lobby hours and locations please visit, http://bit.ly/TDStores.
Hope this helps you with your question and thank you for considering TD Bank. We look forward to your visit to one of TD Store!
Shanika A, Mount Laurel
March 6, 2016 01:21:31 PM