If I have a business checking acct as a sole prop and I convert my business to an LLC, can I keep the acct #? -

Will the bank allow me to keep the same account number and just change the legal name of the business to the newly converted LLC? It will make it alot easier with suppliers and vendors that already have my account number for payments.

I think that you might be able to do that. But, instead of asking us, ask the bank. That really is the only place that you are going to get a real answer.Good luck.

All you have to do is present your LLC documentation and your employer identification number. The bank may want you to open a new account, though. For legal, tax and liability reasons, that s what I suggest you do.