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BUSINESS ACCOUNT DEPOSITORY AGREEMENT AND DISCLOSURE LEGACYTEXAS TABLE OF CONTENTS Page TERMS AND CONDITIONS OF YOUR ACCOUNT .................................................................................3 Important

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What is business account depository agreement?

A business account depository agreement is a contract between a financial institution and a business entity that governs the terms of the business account.

Who is required to file business account depository agreement?

Business entities opening an account with a financial institution are required to file a business account depository agreement.

How to fill out business account depository agreement?

To fill out a business account depository agreement, the business entity needs to provide all required information requested by the financial institution, sign the agreement, and submit it for processing.

What is the purpose of business account depository agreement?

The purpose of a business account depository agreement is to establish the terms and conditions under which the business entity can open and operate a business account with the financial institution.

What information must be reported on business account depository agreement?

The business account depository agreement typically requires information such as the business entity's name, address, tax identification number, authorized signatories, and account privileges.

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