Silicon Valley Bank Account Opening For Tech Startups
Since we facilitate company formation in all the US it’s important for every company to get a bank account because there are many banks out there offering business accounts, however, a few banks can do what Silicon Valley Bank can offer.
You can get a bank account with SVB in a matter of days without visiting them. Imagine you start out incorporating your tech startup in Delaware but you need a bank account. Very few banks offer bank accounts for businesses if they are not registered in their state. Usually, if you fly to Delaware to open your business bank account, the bank account will be opened the same day following the due diligence approval. Most of the investors or tech companies register in the state of Delaware, there is no surprise that more than three-quarters of Fortune 500 companies registered in this state. The Delaware SoS (Secretary of State) reported over 200,000 companies registered in 2016! This is a really high number! So there is a big benefit for registering in Delaware, however, this raises the question if, in addition, you should register in another state – this is for another blog post. If you operate in more than one state, have office or employee, you should register in the same state as well in which case you can open a bank account with a local bank.
The advantage is that SVB will not require you to visit them. They run their own KYC (Know Your Client) so you might be pretty much surprised that you might not meet the banker. All documents are signed over the DocuSign – electronically. But it is better to generate your own signature rather than using the DocuSign signature style. This will allow you to avoid meeting the banker in person.
SVB requirements:
- SVB requires you to register a US-based entity
- Must be in the tech industry (pharmaceutical, internet, hardware, IoT, etc.)
- Detailed business description
- Company documents: Articles of Association, EIN, Minutes of Initial Meeting of Directors Breakdown of Company Ownership (25% or greater) – you will need their mailing address, date of birth and social security number or government ID information (no need of physical documents, you will just upload them over their online onboarding system)
- Personal document: Driving license, Passport or National ID, The founder should have SSN (SSN is a big help if not National ID)
Fees: SVB Startup Solution does not have a monthly account fee for the first three years. It also waives the fees for Online Banking, Bill Pay, and Mobile Deposit. Additionally, you receive 2 domestic outgoing wires, 1 international FX outgoing wire, and 5 USD incoming wires at no cost.
Time/duration of bank account opening: 3-5 working daysIf you’re interested in opening a bank account for your Tech company, please e-mail me; I’m happy to introduce you, however, you need to be an Incparadise client and have a company registered with us. The bank will only accept tech companies. I know a few employees from SVB and they are all very helpful for legit business! If you’re not a legit business, please don’t contact me. I’m ONLY interested in tech businesses where the founders are serious and dedicated people to their endeavor.
17,375 responses to “Silicon Valley Bank Account Opening For Tech Startups”
Leave a Reply
You must be logged in to post a comment.
As a Newbie, I am always searching online for articles that can help me. Thank you
My website: секс порно дома
Excellent beat ! I wish to apprentice while you amend your web site, how can i subscribe
for a blog site? The account aided me a acceptable deal.
I had been tiny bit acquainted of this your broadcast offered bright clear idea
MEGAWIN188 AGEN SLOT ONLINE TERPERCAYA 2023
Megawin188 adalah Agen Permainan Judi Slot Online Indonesia Deposit Pulsa Tanpa Potongan atau dengan Uang Asli adalah situs tempat
untuk melakukan taruhan terbesar dan terpercaya serta terbaik di indonesia.
Situs kami merupakan salah satu situs bandar judi slot online, casino online, bola online, togel online, dan poker
online terbaik dan menghadirkan banyak bidang permainan game taruhan online.
LINK ANTERLATIF MEGAWIN188 SLOT
Link Alternatif Megawin188 Slot sekarang kembali muncul sebagai salah
satu agen bandar slot indonesia yang disertai dengan fitur customer service
yang sangat professional dan selalu online 24 jam untuk melayani kebutuhan anda.
Untuk menghubungi costumer service, kallian dapat menghubungi melalui livechat, SMS, atau Telepon dan Whatsapp.
Jika kalian sedang mengalami kendala, boleh menghubungi costumer service
kami, dan pastinya costumer service kami akan memberikan kemudahan untuk anda sehingga anda
bisa menikmati permainan ini jauh lebih aman dan nyaman.
los antidepresivos me ponen nervioso
Situs 4D
Only a smiling visitor here to share the love (:, btw outstanding style and design .
I got what you intend,bookmarked, very decent website.
My website: порно видео со студентками
Great selection of modern and classic books waiting to be discovered. All free and available in most ereader formats. download free books
sildenafil 50 mg tablets over counter drugs sildenafil citrate.
real resorts cancun mexico
https://www.alebiba.pl/?d=user&id=141075
A person necessarily help to make seriously posts I’d state.
This is the first time I frequented your website page and
so far? I amazed with the research you made
to make this actual submit extraordinary. Excellent activity!
retin-a cream cost cheapest retin-a cream 0.05% where to buy retin-a cream
tempat wisata di tangerang pasar kemis
[…]usually posts some quite interesting stuff like this. If you池e new to this site[…]
I just like the helpful information you provide in your articles
wisata hutan pinus kediri
[…]although web-sites we backlink to below are considerably not associated to ours, we feel they may be in fact worth a go by means of, so possess a look[…]
kreativitas tema rekreasi
[…]we came across a cool site which you might love. Take a look when you want[…]
wisata di pati ala jepang
[…]we like to honor many other online sites on the web, even when they aren稚 linked to us, by linking to them. Under are some webpages really worth checking out[…]
зеркало вавада – https://amego37.ru – Рейтинг лучших казино не просто предполагает список крутых слотов, в топ 10 онлайн казино в России добавляются популярные игровые автоматы на реальные деньги с обзорами на джекпоты 2022 года и с еженедельной хорошей отдачей. Чтобы не допускать обидные ошибки при выборе казино, нужно смотреть не только официальный сайт, но и рейтинг оператора. Это поможет не сомневаться в том, что менеджер проекта предоставляет услуги согласно правилам лицензии
Wohh precisely what I was searching for, regards for putting up.
My website: порно анал подборки
I’m extremely pleased to discover this website. I wanted to thank you for ones time just for this fantastic read!
My website: толпой в анал
was ist arthritis