BOS Makes It Accurate and Accessible

---

Coin & Currency Orders

This service enables your company to send or receive currency shipments, improve cash flow management, eliminate labor-intensive coin and currency counting, and reduce the risk of loss; by restricting employee handling of cash.

Night Deposit

Night deposit is a safe and secure way to make deposits after hours, and is an ideal service for business owners who don’t want to keep a large amount of cash at the business.

Safety Deposit Boxes

With a BOS safe deposit box, you can protect important documents and valuables that would be difficult or impossible to replace.

Which Savings Account is Right for Your Business?

Business Savings

A flexible way to grow funds and manage cash flow; our savings accounts offer competitive rates, allow easy access to funds.

Business Money Market

For investors, business money market accounts offer a safe and secure interest-bearing savings option. In addition, they provide ready access to cash for unforeseen expenses or seasonal cash flow needs. Certain restrictions apply.

Corporate Sweep Accounts

Manage your monthly cash flow and minimize service charges by utilizing a corporate sweep account from BOS. Choose a target balance and let the account automatically sweep idle collected balances from your business checking account to a sweep option, where you can earn interest and pay down lines of credit.

Open Your Business Savings Account  

Required Documents Guide

Please bring the following documentation when opening a business checking or savings account:

All Legal Entity Customers (as defined by FinCEN) must provide a valid, up-to-date government-issued ID for:

•  Each individual who owns 25% or more of the business, either directly or indirectly through any contract, arrangement, understanding, or relationship, and-

•  One individual with significant responsibility for managing the Legal Entity (e.g., an executive officer or senior manager).

Owners and individuals with 25% or more beneficial ownership must bring personal identification to the account opening appointment (e.g., State ID, Driver’s License, or Passport). For more information on reporting requirements** for Beneficial Owners of a Legal Entity, visit FinCEN’s Beneficial Ownership Information webpage.

As of 03/26/2025: Domestically formed Legal Entities are no longer required to self-report directly to FinCEN. However, financial institutions are still federally required to collect and verify Beneficial Ownership information during the account opening process.