What are the requirements for opening a business account?

To open a business account with Wilson Bank & Trust, certain requirements must be met. Firstly, you will need to provide relevant documentation such as a valid government-issued identification for each account signer, including business owners and authorized representatives. Additionally, you will need to furnish proof of your business's legal structure, such as articles of incorporation or a partnership agreement. It is also mandatory to present a tax identification number for the business, such as an Employer Identification Number (EIN). Supporting financial documents might be necessary, including business licenses, permits, and registration documents. A minimum initial deposit is required to open the account, the exact amount of which can vary depending on the account type. Overall, meeting these requirements will ensure a smooth process for opening a business account with Wilson Bank & Trust.