JP Morgan Chase
Fee Introduction
Activation Fund: USD 100,000 (Must be credited to the account within 2 weeks after the account is opened; otherwise, the account will be automatically cancelled).
Search Fee: USD 0
Monthly Account Management Fee: USD 95. The management fee is waived if the deposit amount exceeds USD 100,000.
Incoming Transfer Fee: No fee for domestic transfers within the United States. Supports Zelle transfers, ACH transfers, international wire transfers, etc.
Outgoing Transfer Fee: The first 4 outgoing transfers per month are free of charge; a fee of USD 35 per transaction applies for transfers exceeding 4.
Account Currency: U.S. Dollar (single currency only)

Account Opening Documents

1. Complete set of the company's registration documents (including tax ID number)
2. KYC Form (Know Your Customer Form)
3. Photo of the business license of the affiliated company + corporate bank statements (if applicable)
4. Website of the account-opening company or website of the affiliated company
5. 1-2 business contracts of the account-opening company
6. Address verification document (If the client holds an account at any bank in the United States, please provide the most recent 3 months of bank statements from that bank)
7. Director’s national ID card + passport

Account Opening Process

1. Submit documents for review
2. Send signature documents upon approval of the review
3. Arrange a video verification to activate the account
4. Deposit the activation fund

Account Opening Cycle: 4-6 weeks

Additional Notes

1. Chase Bank accounts only support U.S. Dollars.
2. A mobile app is available, which is easy to use. After customers receive their account information, they can log in directly by verifying the mobile phone SMS code.
3. Checks can be deposited by scanning them through the mobile app.
4. Multiple sub-accounts can be applied for. For companies with multiple Amazon stores, one primary account can be opened, and other stores can be linked to different sub-accounts. The basic functions of receiving and transferring funds for sub-accounts are the same as those of the primary account.
5. Only U.S. companies are accepted for account opening, including newly registered companies.
6. Eligible industries for account opening include trade, logistics, services, consulting, technology, etc. Cryptocurrency-related businesses are not accepted for account opening.
7. After submitting the documents, the bank will contact the customer to conduct a KYC (Know Your Customer) check. If a customer's account is closed due to issues related to account usage, the bank will assist the customer in arranging for a check to be mailed.

*All the content above has been collected from various major websites, followed by resource integration and re-editing.