Does a DBA need an EIN number? I started an assumed name and the bank said I can’t cash checks without the EIN.
Ed,
If you just registered a DBA for your sole proprietorship, and you have no employees, you can use your Social Security Number as company tax ID. However, if the DBA is for a registered company like LLC or corporation, or if you have employees, then you must obtain EIN.
Many bankers would request an EIN regardless, because they are used to it. You can either try to educate them, or just obtain EIN, even though you are not required to.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
