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A comment on Urgent: Sign the petition now. Parent comment

Re:Urgent: Sign the petition now by api on Saturday March 11, 2023 @07:16PM (#35114529)
What? Just about any bank will open a basic small business checking and savings account. It won’t be fancy or high yield but they will bank for you.

Are you really saying BofA would not take deposits for you?

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Re:Urgent: Sign the petition now by TedDoesntTalk on Saturday March 11, 2023 @07:34PM (#35114768)
This is not true. I had the same problem with my business at two banks (not BofA). In think it’s related to KYC regulations that makes them cautious. All I wanted was a checking account, no loans.
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