MWStake incorporation/bank account

Information about corporate bank account for MWStake. Evita researched it and contacted Bank of America as an option.

Account details

• Type of account - Business Fundamental Account
• Min opening balance - $100.00
• Monthly fee - $18.00
  • This fee can be waived if either:
    1. A link BOA card (credit or debit) that uses at least $250 a month
    2. At least a balance of $3,000 daily
    3. At least a balance of $5,000 average monthly

Contact

Evita emailed Asif (Al) Lakhani:

Small Business Banker

(866) 953-2481 Ext. 1424357

asif.lakhani@bankofamerica.com

Note, the email also contained:

• For servicing needs, you may contact our Small Business customer service toll-free at (888) 287-4637, Monday through Friday from 7 a.m. to 10 p.m. Eastern.

Steps required to start an account

The following is required, once complete, we can send them to Asif (via email)

1. Completed Business Resolution Authorization form
2. EIN number
3. Articles of Incorporation
4. Certified Copy of Corporate Resolutions (Bylaws)
5. Min opening balance of $100.00
6. Utility bill (Mark asked if we can do without)