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Updated over 3 years ago on . Most recent reply

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Varun C.
  • Investor
  • Wake Forest
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Business Account for LLC which has zelle

Varun C.
  • Investor
  • Wake Forest
Posted

Team - I live in North Carolina and my business partner is from Texas. We recently purchased an investment property on an LLC and have been struggling to open a bank account that has Zelle to collect rent. All the banks are expecting all the partners to be physically present to open a business account.

Any suggestions on how we can make it work are much appreciated. 

Most Popular Reply

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Chris Davidson
  • Real Estate Agent
  • Boise, ID
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Chris Davidson
  • Real Estate Agent
  • Boise, ID
Replied

@Varun C. What about a bank that is located in NC and Texas? Being present at the same branch or just being present at the bank? 

I know Truist has Zelle, and is in NC and Texas, I have had issues with them since the Suntrust merger as it seems Suntrust took the business accounts and I will just say it has not been smooth. However maybe a fresh new account would be perfect for you and them. I would just go in to a branch of a Bank that has locations near you and your partner and ask them how you could make it work.

Side note I have opened accounts with partners in different states with mailing notarized documents back and forth at smaller Regional banks.

Best of luck!

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