OWNERSHIP OF ACCOUNT. We reserve the right to refuse some types of Account owners and businesses (including without limitation, types of Account owners that are not described below). As of August 23, 2021, we cannot offer or provide Accounts to businesses with (1) any beneficial owner who lives outside the United States or (2) any beneficial owner who does not have a Social Security Number (SSN). Accounts are generally expected to be opened and maintained as (i) corporate or limited liability company accounts; (ii) partnership accounts; (iii) unincorporated association accounts; or (iv) sole proprietorship accounts. We do not offer Accounts to (for example) trusts, retirement or employee benefit plans, financial services companies, or governmental entities. We also do not offer Accounts that are subject to special federal or state regulation, including (for example) Interest on Lawyers Trust Accounts, Interest on Real Estate Trust Accounts, preneed funeral or cemetery accounts, landlord-tenant security deposit accounts, and similar types of escrow, custodial, fiduciary or quasi-fiduciary accounts.
Appears in 3 contracts
Samples: Business Checking Account Agreement, Business Checking Account Agreement, Business Checking Account Agreement
