Click on the tabs below for information on Partnership accounts.
For business Client Information File (CIF) requirements, click here.
For Opening a New Partnership Account, click here.
Definition
A Partnership is a separate legal entity. A partnership is an arrangement between 2 or more people to oversee business operations and share in its profits and liabilities.
Required Documentation to Open Account
Obtain all of the following:- Partnership agreement (by the state of incorporation). Note: Agreement MUST contain ALL pages listing partners.
- Alabama -- from client
- Florida -- from client or FL state site
- Georgia -- from client or GA state site
- Verification of active status from the state (print and attach for new accounts)
- For revised accounts:
- Partnership agreement
- Signed and notarized CCB business affidavit
- Updated or revised bylaws or meeting minutes documenting the requested changes.
Click here to access the Business Affidavit Reference Guide.
See Reviewing Business Legal Documents for more information.
Tax Identification Number (TIN)
The Partnership's Employer Identification Number (EIN) is used for Internal Revenue Services (IRS) reporting.
Account Titling
- Title the account in the partnership's name. Note: Client's name auto-populates in the Customer Name field.
Ownership Requirements
The signature card with ALL authorized signers' signature above his/her name in the Signatures section is required.
The resolution requires ALL signatures on lines A - F and ALL authorized signers' signatures in the Certification of Authority area.
Signature Cards Example
