So I'm trying to open a business bank account for my LLC, but my website is still a work in progress. It's literally just a coming soon page with a logo and an email signup. The bank wants a live website with product listings and an About Us page. Am I screwed? Do I need to rush and throw up some half-assed site just to satisfy them?
Banking
My website isn't finished, but I need a business bank account
Ha, been there. I used a free template and slapped up a one-pager with a fake 'coming soon' banner. Took me two hours. Bank didn't even check it, just wanted the URL.
Which bank? Some are way pickier than others. My credit union just wanted the articles of incorporation and a business license. Never asked about a website.
It's a local community bank. They said 'online presence' is part of their KYC for new businesses. I get it, but it's frustrating.
KYC? More like 'know your website' lol. But seriously, just buy a domain and put up a landing page. Doesn't need to be pretty. They probbaly just glance at it to make sure you're not a shell company.
I would't fake it. If they find out it's a placeholder, they might flag your account. Better to be honest and say it's under construction. Show them a mockup or a business plan instead.
Honesty is overrated. Banks don't care. They want to check a box. A one-pager with your business name and contact info is enough. No one's auditing your site.
RustyNail has a point though. If you're planning to do e-commerce, they might want to see a privacy policy and terms. But But if you're a service biz, a simple site is fine. What's your business?
It's a consulting thing, so no products. I'll just add a services page and a contact form. Thanks for the reassurance, everyone.