Opening a business bank account for my first LLC

[Natasha Hardy]

Hello BPers!

I am about to close on my first deal . 🙌

I am trying to open a business bank account with Chase by registering the address from my LLC, but I am not able to go through with it. I'm guessing because it's not a physical address, but instead, it is the lawyer's office address that did the paperwork for my LLC.

Are there any ways around this? I did notice that the lawyer can provide a "physical" address for us for a $300/year fee, but I would like to avoid that.

Please note I am living overseas, and could not (and would not want to) use a personal home address.

Any suggestions? Other banks I could use? I would prefer to stay with Chase since I already have a personal account with them, but I am open to suggestions.

Thank you, you guys rock!👊

[Aaron W.]

@Natasha Hardy Congrats on closing in on your first deal! 

You could use a virtual business addresses that you can find online for your "physical" address for out-of-state investing. It gives you an address that can accept mail. When they get mail, they scan and forward it to you.  You do need to get a USPS form notarized, but can do it online without having to find a notary.

Good luck!