The willingness to open the accounts for these trusts is not determined by which institution it is. Since common law instruments have not been as uniformly understood by banks as statutory entities, it often more depends upon which employee you are speaking with in the bank, and what mood they happen to be in that day. It is really that subjective.

One of the best ways to have a higher likelihood that the bank will open your account, is if you have already banked at that institution for years, in your personal name or some business name. If the institution knows you . . . if they have long since done their “KYC” – Know Your Customer – on you . . . if they consider you to be an upstanding citizen and bank customer, and especially if you have developed a bit of a friendship with any of the bankers working there, then they may be willing to open the account for the trust, even if they are unfamiliar with such trusts and wouldn’t do so otherwise for someone walking in off the street. They may open the account because they know you will be the signatory, and they are comfortable with who you are.

Further, if you have been following the global reset news, you know that there are powerful developments moving the entire world more towards a common law banking system. Therefore, it is increasingly likely that more and more banks will be more than happy to accommodate customers with common law instruments.

In the meantime, if you need to approach an institution where you don’t already have an existing relationship, then just walk in with the pages from the trust that Randall will have indicated you should take (and no more), and ask them. If they say no, then they have probably done you a favor . . . because their very unwillingness to welcome such a virtuous relationship shows that there is something questionable about their own policies and practices. So, go down the street and try another institution.

It only takes trying a few, to find one that will say yes. We have never heard of anyone not being able to find an institution that will open the account.

Remember as well that you can have checking accounts at other types of institutions, such as investment houses, securities brokerages, online payment processors, and credit unions. They too are known to have opened accounts for these trusts. Hence, you have other viable options besides just banks.