Does Reg E disputes apply to sole proprietor business accounts? The question came up to whether or not we issue a business debit card or a personal debit card to sole proprietor business accounts.
If properly endorsed, could a check made payable to an individual be deposited into the individuals business account that is not a dba?
There has always been some confusion about a corporation, for profit, being allowed to have a money market account. Is that an option?
We have a single-member LLC using an EIN number. The member is asking what happens to the account when he passes away, will it go to his estate or does it need to be in his business papers to show where is goes? The account is held in Iowa and they run the business out of Minnesota.
If a business closes its bank account with the bank paying the balance to it in the form of a cashier's check, payable to the business, if the business is dissolved, how can the check then be negotiated?
Is it required that existing business accounts have a new business profile sheet each time a new account is opened in regards to Regulation GG?
A DBA account owner withdrew over $10,000. The account is under the owner's Social Security number. The tellers said the transaction was for personal use. Do we include the DBA information on the CTR?
What is the best way to handle an insurance check made payable to an individual that's being deposited into a business account? For example, John Doe was in an auto accident. His insurance company sent the auto body shop a check made payable to John for repairs. The auto body then deposits the check into their business account. Same type of example for medical claims as well.
In a business account with two signers and two debit cards, can either one of the signers sign a claim on the other signer's card?
What is the maximum amount that a bank can charge for the Tax Levy Fee?