Jacques Luben: Good evening my name is Jacques Luben and I’m the Editor of the Inc Plan Business Review. This evening I’d like to cover a topic that comes up very frequently with our clients and the topic is “Delaware Bank Accounts - Why are they so popular?”
The state of Delaware is widely recognized as a premier location to form and maintain legal corporate entities for small and large businesses. Over 500,000 Delaware companies have been created by entrepreneurs, attorneys and accountants from every corner of the earth. Inc Plan USA is proud to be the home or registered agent to thousands of Delaware corporations, limited liability companies and other entities. 
In recent years we have witnessed a surge in the number of clients both domestic and international who choose to open their company bank accounts with Delaware financial institutions. What are the main forces behind this trend? First of all many small business owners are tired of being neglected by the vast megabanks that dominate the world banking scene. Delaware banks by contrast are geared to work closely with the small and moderate size companies that typically incorporate in this state. Also upon request, Delaware banks offer a wide range of internet banking services to corporate business owners. The internet provides ease of service and 24 hour per day flexibility to the banks far flung customer base. Another major feature of Delaware bank accounts is that business owners are eligible to receive credit and debit cards that can be used anywhere in the world for their personal and business use. Additionally merchant services are also available to companies that accept credit card orders from their own customers. Delaware banks understand the importance of strictly enforcing the privacy rules that attract so many companies to Delaware. This is business friendly banking environment where corporations enjoy many important protections from frivolous litigation by out of state plaintiffs. Delaware offers important legal protections to corporate bank holders. If necessary these protections can be reinforced through formations of trusts and other powerful asset protection structures. Another little known fact is that owners of Delaware corporations that operate out of Delaware banks are protected from out of state attempts to enforce judgments that would garnish their wages. This is very important because your wages can be garnished from wages that you have from some other form of employment, but no one can take the assets that are sitting in your corporate bank account. Inc Plan USA is a very active service company that helps thousands of business owners all over the world. We’re delighted to advise people as best we can in terms of where they should incorporate and whether or not they should open business bank accounts that relate to the companies that they form. Please feel free to contact us via email or phone with any questions that you have, we’re happy to respond, our emails are usually answered within 24 hours. I wanna thank those of you listening, for taking the time to hear this webcast, our address is HYPERLINK "http://www.incplan.net" www.incplan.net please send your emails to that address. This is Jacques Luben, thank you, goodnight.
