General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply
![Maria D'Aura's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/605970/1621493645-avatar-madaura.jpg?twic=v1/output=image/cover=128x128&v=2)
Need recommendation for Business banking account
Hello,
I recently established an LLC and am looking for recommendations for opening a checking account for the LLC. This account is primarily for depositing rent fund. Many of which are paid online, but there are a few that mail checks.
Looking for banks that have good online technology, mobile deposits, easily transfer funds to external account, and won't hold funds for weeks.
Without doing much research I opened an account at a local bank and it has not been a good experience. They insist on holding all deposits made on the mobile app for 9 business days, really 14-15 if you include weekends. They are even holding a cashiers check which I can't even wrap my head around how that is legal. When I asked them why they would hold a cashiers check they asked me why I needed the funds and what I was going to use them for. Again, can't understand how they are even asking me this question. I asked them if the also have a 14 day hold for cash deposits?
Anyway, I'm looking for a bank that operates like it's 2021 and not 1981. Also, one that doesn't have excessive monthly fees or high $ to open the account since I currently have funds being held hostage.