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  4. Does Anyone Know Of A Business Bank Account That Accepts Zelle?

Does Anyone Know Of A Business Bank Account That Accepts Zelle?

btpang
  |     |   3 posts since 2021

Its very hard to find a bank that will accept Zelle for Business. Does anyone have a good recommendation? So far, the best deal I can find is Wells Fargo bank. They allow you to be paid (in Zelle ) for business accounts, and only need a $500 deposit. I'm trying to find an online bank that can do better than that?

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Choice
  |     |   937 posts since 2020
Anyone is better than Wells...Pass based upon the track record for Wells!
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GH1
  |     |   1,054 posts since 2017
lots of fraud on zelle be careful
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maximizer
  |     |   5 posts since 2015
I have a business account with Chase and use their Zelle transfer service for payments and requests for payments (deposits to my account) with no trouble. I don't know what "Zelle for Business" is, that is, whether you mean something different than the normal Zelle service. There's no minimum balance required for my Chase business account. I rarely have more than $100 in it.
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btpang
  |     |   3 posts since 2021
Found the list, https://www.zellepay.com/press-releases/zeller-closes-2020-record-307-billion-sent-12-billion-transactions. There is also bannerbank, www.amerantbank.com.

Unfortunately, most bank's support for this is very nuanced. Some banks will not allow you to open an account if you are an S-Corp etc. So your mileage vary.
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