Documents needed to open your new

Business account

Business Banking

Owners, Key Executives and Partners

• Two forms of personal identification, one of

which is issued by a government agency.

For instance, driver’s license or passport

• Taxpayer Identification Number: Employer

Identification Number (EIN) for business

• SSN or EIN

• Power of Attorney document, if additional

signers are on the account

• Depending on the state in which your

business is registered — Name Registration

or Certificate document (Certificate or

Registration of Fictitious Name, Assumed

Name Certificate)

Corporation

• EIN for Corporation

• Corporate Resolution (provided by BMO)

Partnership/Limited Liability

Partnership/Limited Partnership/

Limited Liability Limited Partnership

• EIN for Partnership

• Signed Partnership Agreement

• Wisconsin: Limited Partnership accounts

need to register with the Wisconsin

Department of Financial Institutions. Entity

to provide copy of filed registration

• Illinois and Arizona: Limited Liability

Partnerships only — Certificate of Existence

• Current Certificate of Good Standing

or(LL3C)

• EIN for LLC. For some single member LLCs,

the individual’s own SSN is used. If using

SSN, account must be set up as a DBA

• Filed copy of Articles of Organization

• DBA, if applicable

• Current Certificate of Good Standing

Verification (obtained by BMO)

• Limited Liability Corporation Resolution

(provided by BMO)

Non-Profit Organization

• EIN for Non-Profit Organization

• Letter of Authorization including the

act on behalf of the entity

• Non For Profit Corporation/Association

Resolution (provided by BMO)

Non-Profit Corporation

• EIN for Non-Profit Corporation

• Current Certificate of Good Standing

Verification (obtained by BMO)

• Non For Profit Corporation/Association

Resolution (provided by BMO).

Thank you for your interest in opening an account with BMO. This simple guide will help you easily identify the