Thank you for considering us to meet your banking needs. The information below will help you understand the documents and information you'll need to bring to the branch with you to open your business account.

Upon opening an account or making other changes to your account, all non-exempt business customers will be required, due to a regulatory requirement, to provide us with certain identifying information. We’ve organized this information below in an easy-to-follow guide to help you know exactly what documents you’ll need to provide to open an account with us. This information must be provided on Synovus’s Beneficial Owner Form and all business owners, partners or key executives, must be present at account opening.

To comply with these rules, we’ll ask non-exempt business customers to provide information for all beneficial owners associated with your account when certain events occur including:

  • Opening a new account
  • Changing ownership
  • Changing account signer
  • Modifying or extending a loan
  • Requesting a credit line increase

A beneficial owner is each of the following:

  • Equity owner: each individual who owns 25 percent or more of the equity interests of a legal entity.
  • Control person: a single individual who exercises significant responsibility to control, manage, or direct the legal entity, such as an executive officer or senior manager.

Here’s the list of what you’ll need to bring:

Basic Requirements for All Businesses

  • Two forms of personal identification, one must be issued by a government agency, like a driver’s licenses or passport.
  • A Taxpayer Identification Number for both the business and individuals. For businesses, this would be your Employer Identification Number. For individuals, this would be your Social Security Number.
  • The address and date of birth for all individuals.
  • We’ve included a quick reference list below showing examples of documents needed for various business types.
  • Please bring an original or certified copy of each document. You can request this from the issuing agencies.

Based on your business type, you’ll also need to bring the original or a certified copy of the following documents.

Sole Proprietor

If the business name doesn’t use the legal first and last name of the owner, please bring one of the following:

  • Fictitious Name Certificate or Statement
  • Certificate of Assumed Name
  • Business License
  • Registration of Trade Name

Partnerships

General Partnership
If you don’t have one of the following and you haven’t filed with a government agency, please bring a written statement signed by all partners indicating no written Partnership Agreement exists.

  • Partnership Agreement
  • Fictitious Name Certificate or Statement
  • Certificate of Assumed Name
  • Business License

Limited Partnership
Please bring both of the following documents:

  • Certificate of Limited Partnership
  • Limited Partnership document

Limited Liability Partnership
Please bring all three of the following documents:

  • Statement of Qualification
  • Limited Partnership document
  • Limited Liability Partnership Election

Limited Liability Corporation
Please bring all three of the following documents:

  • Articles of Organization
  • Certificate of Organization
  • Certificate of Formation

Corporation
Please bring both of the following documents:

  • Articles of Incorporation
  • Certificate of Good Standing

Social or Recreational Clubs, Unincorporated

Associations, Civic Groups, and community organization
Please bring one of the following documents:

  • Business License
  • Fictitious Name Certificate or Statement
  • Certificate of Assumed Name
  • Organization/Association Articles of Bylaws
  • Certificate of Good Standing, Certificate of Formation, or Certificate of Organization
  • Statement of Organization
  • Certificate of Registration

If you don’t have one of the above and you haven’t filed with a government agency, please bring another document such as board meeting minutes. If you don’t have documents issued by a government agency, all authorized signers must be present.

Document names may vary in different states.

Some entities are exempt from this rule
Business customers that are exempt from this regulatory change to identification requirements include, but are not limited to, sole proprietorships, trusts (non-statutory), estates, and special entities such as unincorporated associations or trade names that may not be required to be registered with the state.

Additional information
FinCEN has published frequently asked questions on its website.

We’re always here to help
If you have any questions or need more information, talk to your banker, or give us a call 1-888-SYNOVUS (796-6887).