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Banking

Business bank accounts, credit facilities, and banking relationships.


Overview

Documentation of banking relationships, account structures, and financial facilities.

Note: Do NOT store actual account numbers or credentials here. Use password manager.


Bank Accounts

Operating Accounts

  • Primary checking account
  • Bank name and branch
  • Account purpose
  • Signatories
  • Link to online banking

Savings & Reserves

  • Reserve accounts
  • Interest-bearing accounts
  • Purpose and target balances

Merchant Accounts

  • Payment processing accounts
  • Settlement accounts
  • Chargeback reserves

Credit Facilities

Business Credit Cards

  • Card issuer
  • Card purpose/usage
  • Credit limit
  • Payment terms
  • Rewards program

Lines of Credit

  • Lender
  • Credit line amount
  • Terms and conditions
  • Draw process
  • Repayment terms

Loans

  • Loan purpose
  • Principal amount
  • Interest rate
  • Payment schedule
  • Collateral

Banking Contacts

Document relationships: - Relationship manager - Contact information - Services provided - Review schedule


  • See 40_vendors/services/ for payment processors and merchant services
  • See 20_finance/accounting/ for bank reconciliation process