On Sat, 2008-08-02 at 02:23 -0400, Kumba wrote:
> Well, I don't know much, but the bank my job uses is a new bank I believe,
> growing fast, and apparently eager to earn new business. What that translates
> into, I have no idea. Worth a shot, though. They're not located in NM, though,
> but in MD, so that may or may not be beneficial to us. Nor do I know if they
> require in-person meetings for new accounts. Worth a shot it sounds like.
We can give them a shot, but most banks will likely need to operate in
the state we are registered in. You can't conduct business in a state,
without a business license and other things. I believe that applies to a
bank as well. Since a bank would be opening an account for a New Mexico
entity. That would constitute them doing business in New Mexico.
It's not the same as a customer being remote, and say the account being
created and existing in Maryland. Otherwise my local bank, or any bank
really could choose to open a remote account.
That said it can't hurt to give them a call. But I doubt we can proceed
with them because of the above.
William L. Thomson Jr.