Just curious, when you start your startup, what US bank do you use? which one is more friendly, provide better service and competitive fees for small startup?<p>Thanks.
Use a regional bank. Most have no fees for business checking accounts. I use Frost Bank - <a href="http://frostbank.com" rel="nofollow">http://frostbank.com</a> . They have iPhone deposits, decent online banking and I haven't paid them a dime in 8 years.
I asked the bank rep about if they open up their backend API for payout processing. Most came back to me with '??'. lol. what exactly should I ask them?<p>Do banks have their API open for us to do payout?<p>oh yeah, from my investigation, I found that wells fargo has the best fee, 0 fee if i have checking and savings acc and do monthly transfer between them.