I've looked over quite a few topics about people asking which bank is best for their small startup. It seems that Bank of America is a decent option (from the responses on this site).
The other option is Ing Direct, but I'd prefer a bank with physical locations as opposed to an online bank.
So before I actually go and set up my account with Bank of America, does anyone here have any words of approval or dissuasion with my choice of Bank of America? Any first hand experiences that are either strongly positive or negative? Any surprises that one wouldn't expect when opening an account for a small business?
Thanks!
We use both, BOA is not bad at all, slightly on the expensive side compared to local banks. This is a shortlist of what BOA will be helpful for vs other local banks
In terms of ING I would not recommend it for regular banking accounts, you need to be able to access your bank when you need it and they are just too far/slow because of the way the work. I would recommend to use it as a backup option.