When you open a business checking account with BlueVine, we ask for estimated account activity. This information will not be used to determine account limits or affect your account opening. It will only be used to help keep your account secure.
Why do you need this information?
This information will be used to keep your account secure and monitor for any abnormal activity. If your expected deposits change at any time, you do not need to update the estimates.
What if I don’t know my average monthly deposits?
These values also do not need to be exact, if you are a new business and do not know your average deposits, give us your best estimate.
If I exceed my limits will any action be taken on my account?
No - these are estimates to help keep your account secure. No limitations will be placed on your account solely because of these limits.
What if I don’t use one of the deposit methods?
If you do not expect to deposit checks, wires and/or cash, no problem. Simply put $0 for that question. This will not block your ability to deposit checks or cash in the future. You should expect to use at least one of the deposit methods, so they should not all be $0.