What are the requirements for opening a business account?

To open a business account with NBT Bank, there are a few requirements. First, you need to provide the necessary documentation, including a completed application, valid identification for all business owners, and a Social Security number or Employer Identification Number (EIN). Additionally, you must submit proof of business registration and any applicable licenses or permits. Some additional paperwork may be required depending on your business structure, such as partnership agreements or articles of incorporation. It is important to have the necessary funds to meet the minimum deposit requirements, which may vary depending on the type of account you choose. Lastly, it is recommended to schedule an appointment with a business banking representative to discuss your specific needs and ensure a smooth account opening process.