Delaware Banking Solution

Situated on a strategic location of the Eastern Seaboard, Delaware is considered a ‘jewel’ among many U.S states.

Delaware is also widely known as home to a host of giant financial firms, namely Bank of America, Citigroup, JPMorgan Chase to direct their operations. Thanks to its enterprise-friendly corporation laws, along with the favorable tax environment, Delaware has gained in popularity as the top sought after place for businesses in the US and over the world.

Until the end of 2019, there are around 13 state-chartered banks in Delaware, not to mention 35 trust companies, over 700 non-bank firms, many loan associations/originators, and other licensed financial businesses. The Office of the State Bank Commissioner is the regulatory authority for these banks and bank-like businesses.

When coming to Delaware corporations or LLCs, there is relatively a need that companies should open a US bank account to facilitate payments in the states. Still, a Delaware company does not have to open a Delaware bank account. There are many other options where you can set up a business bank account for your company in Delaware.

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Open business account for Delaware Company

Note: Our banking support fee does not include the fee for bank account application or any other related fee (if any) chargeable by the bank you choose to apply.

Optional Banking Support

Fee included

Save time and effort when ordering Standard or Premium formation packages.

Note: Depending on your selected formation packages, there will be necessary documents needed to open an account with our US banking partners.

What included in our service

  • Consult on local banking partners that best suit your needs
  • Guide you through the whole process, and answer all your bank related queries
  • Help you prepare and review your documents before submitting
  • Support in getting your foreign documents translated and properly certified
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Why our service is unique

  • Fuss-free business account opening process with ability to set up remotely
  • Long-term relationship with a wide range of local banking partners
  • Dedicated support team that answers all your queries even on weekends
  • Prompt response and easy-to-follow guide for application

Banking Options for Delaware Company

CountryBankOnline BankingPersonal VisitCredit CardDebit CardInitial deposit
USTransferwise
Mercury
Payoneer
Silicon Valley Bank
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Required Documents

Each bank might demand a different set of documents for an account application process. Below represent commonly required documents by most banks.
  • Account application form
  • Certified copies of passports, proofs of residence for all members
  • Delaware company’s constitutional documents i.e Certificate of formation/incorporation, Operating agreement/Bylaws, etc.
  • EIN documents (confirmation letter - form CP575, verification letter - form 147C, or approved SS4 are all accepted)

You had better consult BBCIncorp to know the exact documents needed for your case.

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