Account Type, Eligibility, and Requirements
- What age do I need to be to open an account?
- Why are certain businesses restricted from using Novo's services?
- Do you offer personal checking accounts?
- Can I open a Trust account for my business with Novo?
- Does Novo offer savings or interest-bearing accounts?
- Can a trustee of my business open a Novo account?
- Are there any restrictions against businesses involved in online gambling?
- Do Novo accounts have a minimum or maximum deposit?
- Do you check my credit history when I apply for a Novo account?
- Can someone with fiduciary responsibilities for my business able to open a Novo account?
- Is there a minimum balance to open an account?
- Can I have multiple Novo accounts?
- Is there a required monthly balance?
- Can I use Novo as a payments gateway?
- Does Novo allow more than one DBA?
- What is an EIN?
- Why does Novo ask for application documents that others do not?
- Is Novo available for non-US citizens?
- Why do I need to provide proof of address when applying for Novo?
- What is a foreign registration certificate and why do I need one?
- Do I need a social security number to apply for a Novo account?
- Does Novo support non-profit businesses?
- What is a Corporation?
- What is a Partnership?
- What is a Limited Liability Company (LLC)?
- What is a Sole Proprietorship?
- What is a W-8BEN Form?
- Do you accept IRS documents for account verification?
- What is a 501(c)3?
- What are Corporate (Company) Bylaws?