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Open Self Directed IRA LLC Bank Account |
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After your funds have been transferred to you new Custodian you will then have them invested in and transferred to you LLC. Before this can happen you will need to open a checking account for the LLC. There are several requirements for the checking account. - The account needs to be opened in the state of organization of your LLC
- The account needs to be in the name of your LLC - not your name
- The account needs to be a checking account
You should contact your bank and explain what type of account you will be needing. The bank will require a copy of your Articles of Organization and a copy of your LLC Operating Agreement. They will also need your Employer Identification Number (EIN) SelfDirectedIRA.org can set up your truly Self Directed IRA LLC for you, please see "Set Up Your Self Directed IRA LLC" or call us at:  
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