>So if you already had some transactions (hope you do if you're forming a company)
Erm, I wouldn't take a cent from a customer without being a proper company. Lack of legal protections, unnecessary tax complications etc.
>Third problem, want to switch to Azlo bank so that at least you don't have to pay monthly fees? That's great except Azlo will tell you that you need to talk to Stripe to do that,
Um, I'm not sure why you you thought Stripe or Azlo should do this for you, a random company can't close your company's bank account for you and open another account at another bank for your company. You open an account with Azlo, make the minimum deposit. Transfer the rest of the money from SVB and ask SVB to close the account, fill out any necessary paperwork.
As far as banks in general, you can go to any bank of your choosing "I'd like to open a small business account" or "I'd like to open a business account" and they'll say "Great, sit right down! Do you have your..." and rattle off a list of paperwork and identification you need. Small business accounts rarely have minimum balance requirements or monthly fees either.
Erm, I wouldn't take a cent from a customer without being a proper company. Lack of legal protections, unnecessary tax complications etc.
>Third problem, want to switch to Azlo bank so that at least you don't have to pay monthly fees? That's great except Azlo will tell you that you need to talk to Stripe to do that,
Um, I'm not sure why you you thought Stripe or Azlo should do this for you, a random company can't close your company's bank account for you and open another account at another bank for your company. You open an account with Azlo, make the minimum deposit. Transfer the rest of the money from SVB and ask SVB to close the account, fill out any necessary paperwork.
As far as banks in general, you can go to any bank of your choosing "I'd like to open a small business account" or "I'd like to open a business account" and they'll say "Great, sit right down! Do you have your..." and rattle off a list of paperwork and identification you need. Small business accounts rarely have minimum balance requirements or monthly fees either.