Banks may consider the amount of revenue that a startup generates when determining whether to open a business bank account for the company. However, other factors, such as the company’s credit score and financial history, may also be taken into consideration.
It’s worth noting that some banks may have specific account packages or services that are tailored to the needs of startups and small businesses. These may have different requirements or features compared to accounts for established businesses.
It’s a good idea to shop around and compare the offerings of different banks to find an account that meets the needs of your startup. You may also want to consider consulting with a financial advisor or accountant to help you make an informed decision.
