Hi everyone! So I introduced myself in the intro forum yesterday, but basically my story is that I've been camming non-seriously for a year or so but am getting serious in 2021! One of the things I'm doing is reorganizing my financial structure. I want to keep my business income and expenses separate from personal, which I haven't been doing so far. I know this isn't STRICTLY necessary as a sole proprietor but it's cleaner, to me, to keep all income and modeling-related expenses to a business account. I set up an LLC for this purpose and I have an EIN ready to go. So, I have the information I need to legally open a bank account.
The problem, of course, is that SO MANY banks say they won't do business with "adult services providers" or "adult content creators" or things like that. I'm trying to figure out what I should do. I've looked through the public forums here (I'm not model-only verified ... yet
) and done a good bit of Googling, so I've done some homework. But I still don't feel like I've found really up-to-date or firsthand information.
I'd much rather use a modern online-only service like Chime, N26, or Ally Bank, but I'm also open to a more traditional option like a Wells Fargo business account or other suggestions. I welcome any experiences or recommendations anyone has on this! I also created a poll below with some of the options I've encountered. In particular, I'd really like to use Chime if they wouldn't shut me down. Does anyone have any experience to share?
The problem, of course, is that SO MANY banks say they won't do business with "adult services providers" or "adult content creators" or things like that. I'm trying to figure out what I should do. I've looked through the public forums here (I'm not model-only verified ... yet
) and done a good bit of Googling, so I've done some homework. But I still don't feel like I've found really up-to-date or firsthand information. I'd much rather use a modern online-only service like Chime, N26, or Ally Bank, but I'm also open to a more traditional option like a Wells Fargo business account or other suggestions. I welcome any experiences or recommendations anyone has on this! I also created a poll below with some of the options I've encountered. In particular, I'd really like to use Chime if they wouldn't shut me down. Does anyone have any experience to share?
