thread Re: Do I choose individual or Business for Checking account? in Banking With Square

Do I choose individual or Business for Checking account?

BubbasTackle — Sat, 04 Apr 2026 05:17:24 GMT

I have a single member LLC with an EIN. I can not tell which one I should Choose.

I clicked the individual option after hitting the back arrow from the business one, and now it say to make adjustments to my details. Like percentage of the business I own and all that, it won't let me back out of it now.
Someone please tell me what to do.

Re: Do I choose individual or Business for Checking account?

TheRealChipA — Sat, 04 Apr 2026 12:24:10 GMT

@BubbasTackle If the business has a checking account, then you should have chosen "Business." If it didn't, and you were using your own personal checking account to deposit business funds, you should have chosen "Individual." That "type of account" is for the CHECKING ACCOUNT, not for the business type.

Anyway, if you are stuck in a loop since it seems you chose the wrong type of checking account, you most likely have no choice but to get on the phone with customer support.

Re: Do I choose individual or Business for Checking account?

BubbasTackle — Sat, 04 Apr 2026 18:05:03 GMT

@TheRealChipA I don't have a Business bank account yet, that's why i wanted to make one through square. Thanks for your reply, If customer is open I'll call, it's the day before easter so they may not be.

Re: Do I choose individual or Business for Checking account?

Papaya — Tue, 07 Apr 2026 20:54:10 GMT

Hi @BubbasTackle

Thanks for your post.

Please contact us directly if you are still having issues. Our Square Loans line is open between 8am-5pm PT Monday-Friday if you want to give us a call.

Re: Do I choose individual or Business for Checking account?

BubbasTackle — Wed, 08 Apr 2026 04:46:59 GMT

Thanks, I have already reached out to customer support and have been talking with a lady. Mainly just me asking questions, super helpful lady.

Re: Do I choose individual or Business for Checking account?

BubbasTackle — Wed, 08 Apr 2026 22:27:40 GMT

So, i had went through with a personal before getting an answer and then found out i should have clicked business, but.... the lady that has been helping me told me

"My research shows that during onboarding, the system asks if the account is for personal or business use; however, the account is ultimately established as a business account."

So there's that...

Re: Do I choose individual or Business for Checking account?

BubbasTackle — Wed, 08 Apr 2026 22:30:32 GMT

So... the customer support lady told me this, after I went through with a personal before finding out I needed business.

"My research shows that during onboarding, the system asks if the account is for personal or business use; however, the account is ultimately established as a business account."