<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Can a United States bank refuse to add a business name to my personal account?</title>
	<atom:link href="http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/</link>
	<description></description>
	<lastBuildDate>Wed, 08 Sep 2010 21:36:56 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.1</generator>
<xhtml:meta xmlns:xhtml="http://www.w3.org/1999/xhtml" name="robots" content="noindex" />
	<item>
		<title>By: Paul Ding</title>
		<link>http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/comment-page-1/#comment-2088</link>
		<dc:creator>Paul Ding</dc:creator>
		<pubDate>Mon, 15 Feb 2010 09:39:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/#comment-2088</guid>
		<description>The bank is right. 

Things changed when the PATRIOT act was passed. You need to *prove* that the business name is yours - and in the case of a sole proprietorship, that means you have to go through the hassle of an &quot;assumed name&quot; filing with the state.</description>
		<content:encoded><![CDATA[<p>The bank is right. </p>
<p>Things changed when the PATRIOT act was passed. You need to *prove* that the business name is yours &#8211; and in the case of a sole proprietorship, that means you have to go through the hassle of an &quot;assumed name&quot; filing with the state.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: artistagent116</title>
		<link>http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/comment-page-1/#comment-2089</link>
		<dc:creator>artistagent116</dc:creator>
		<pubDate>Mon, 15 Feb 2010 09:39:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/#comment-2089</guid>
		<description>The bank is correct. It is a new federal law.</description>
		<content:encoded><![CDATA[<p>The bank is correct. It is a new federal law.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Elaine M</title>
		<link>http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/comment-page-1/#comment-2090</link>
		<dc:creator>Elaine M</dc:creator>
		<pubDate>Mon, 15 Feb 2010 09:39:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.biznewsvine.org/can-a-united-states-bank-refuse-to-add-a-business-name-to-my-personal-account/#comment-2090</guid>
		<description>Yes and no.  It totally depends on the bank.

The one I&#039;m with allows two names per personal account so I can do a business name (a DBA) on it.  The other bank I was with required ANY business name to be a separate account from a normal personal account--mostly because they knew that large numbers of checks would likely be coming through it and a personal account they limit the number of checks you can deposit per month at something like 21.  

Unfortunately even a small business &#039;business&#039; account can cost you with fees (a fee to set it up) and it&#039;d be structured differently than a personal savings or checking account.  I didn&#039;t like how my one bank did it so I went to a different bank and didn&#039;t have any problem there.

So the answer is yes and no, depending on the bank itself and their rules.</description>
		<content:encoded><![CDATA[<p>Yes and no.  It totally depends on the bank.</p>
<p>The one I&#8217;m with allows two names per personal account so I can do a business name (a DBA) on it.  The other bank I was with required ANY business name to be a separate account from a normal personal account&#8211;mostly because they knew that large numbers of checks would likely be coming through it and a personal account they limit the number of checks you can deposit per month at something like 21.  </p>
<p>Unfortunately even a small business &#8216;business&#8217; account can cost you with fees (a fee to set it up) and it&#8217;d be structured differently than a personal savings or checking account.  I didn&#8217;t like how my one bank did it so I went to a different bank and didn&#8217;t have any problem there.</p>
<p>So the answer is yes and no, depending on the bank itself and their rules.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
