Working Around Chex Systems

Ok these are two ways that I have had sucess getting around the Chex Systems and opening a checking account. Obviously this is simply way that I have had sucsess and you should use this as a guide only.

Bussiness Banking - I own 2 corporations that I registered in my state. These are ligitimate business entities. I am a signer on both accounts along with my bookkeeper and my wife, (she is a corporate office). I opened both accounts online and had the bookkeeper make the inicial deposit. The bookkeeper is routinly a signer. I and the other principals then stopped in to the branch and added our signature to the account. The representative had a Chex Systems sign on her desk. She simply had me sign the sinature card. I asked her if she was going to run me through the Chex Systems. She no because it was a business account and I was simply one signer of many.

This got me to think, what if I had an account that I was the only signer. So I started another company, ( I had intended to start a new project anyway). So I got the:

• EIN number from theIRS
• incorprated and registerd the company with the state, ($300)
• got the state tax ID number
• opened P.O Box

I was ready. I went to Bank of America, Sun Trust, and Wachovia with $250 cash.

Here is what Happend

Bank of America
Sun Trust
Wachiovia