What is required to open a Baselane Banking account?

  • Updated

Below is a list of the approved document types required for a Sole Proprietor application:

Verification Type Approved Document Types

Notes

Identity Verification
  • Driver's License

  • State ID

  • Passport/Passport Card

  • Permanent Resident Card/Green Card

  • US Visa Card

  • State-issued Driver’s Permit

Must include an unexpired government-issued photo ID

 

*Other foreign photo IDs may be approved as needed

 

*A birth certificate may also be accepted if an ID is required to verify the date of birth

 

*Front and back images of all ID documents are required (except passports)

Address Verification
  • Utility Bill

  • Bank Statement

  • Lease Agreement

  • Pay Stub

  • Insurance Bill/Statement

  • Driver’s License

  •  

Any document used to verify the address must be current within the last six months to be considered valid
SSN Verification
  • Filed Tax Return

  • W-2

  • Social Security Card

  • 1099

Tax return or W-2 must be current within the past two filing years

 

Below is a list of the approved document types required for a Business application:

Verification Type Approved Document Types

Notes

Address Verification
  • Utility Bill

  • Bank Statement

  • Lease Agreement

  • Pay Stub

  • Insurance Bill/Statement

  • Driver’s License

  • Incorporation Documents

  • EIN Letter

Any document used to verify the address must be current within the last six months to be considered valid
EIN Verification
  • EIN Letter from the IRS

  • Filed Tax Return

Tax returns must be current within the past two filing years
Business Verification
  • Certificate of Incorporation

  • Articles of Incorporation

  • Partnership Agreement

  • Articles of Organization

  • Corporate Resolutions

  • LLC Operating Agreement

  • Certificate of Assumed Name

  • Certificate of Formation

  • Trust Agreement

  • Organization Documents

*If a business is international, proof of organization/incorporation internationally may also be required

Related to

Was this article helpful?

0 out of 0 found this helpful

Comments

0 comments

Article is closed for comments.