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1. Do you allow multiple legal entities with common ownership to be viewed on a single online banking login ID or do you require separate ID?
2. If you do allow it, do you require a signed agreement between bank and all entites?
3. Would you be willing to share a sample of your agreement?Thanks,
Heather Laughlin
laughlinh@missionbank.bank -
Heathers questions with responses:
Here are the questions our bank has regarding online banking access.
1. Do you allow multiple businesses with common ownership to be viewed on a single online banking login ID or do you require separate logins? We allow one online banking platform (including related businesses with common ownership) with a login per user.
2. If you do allow it, do you require a signed agreement between bank and all entities? We require an agreement for the primary business (the name the online banking is under).
3. Would you be willing to share a sample of your agreement?
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