Enjoy complimentary data migration when switching from your existing bookkeeper or CPA to Institution.
Institution
Banking Coordination

Prepare the records a banking application depends on.

Institution coordinates readiness and records. The financial institution controls approval. Both realities matter — and both are handled cleanly.

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Operating flow
  1. 1Formation
  2. 2EIN
  3. 3Ownership
  4. 4Readiness
  5. 5Provider decision
  6. 6Accounting handoff

Readiness checklist

Formation records
Certificate, agreement, and consents in a reviewed set.
EIN confirmation
IRS confirmation letter recorded in the entity file.
Beneficial ownership
Owner details verified and documented.
Address and identity
Business address and responsible-party identification prepared.

Provider decision

Institution coordinates readiness and records. The financial institution controls approval and account opening. Institution is not a bank and does not open, hold, or move funds on behalf of the entity.

Boundaries

  • Institution is not a bank.
  • Bank approval is not guaranteed.
  • International-founder banking has additional provider-specific requirements.

Connected services

Company Incorporation
Formation records feed banking readiness.
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EIN Support
IRS confirmation is required for most applications.
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Bookkeeping & Close
Account records connect to the operating close.
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FAQ

Frequently asked

  • No. The financial institution opens the account. Institution prepares the records the application depends on.