Quote:
Originally Posted by The Porn Nerd
Absolutely NOT. BOA will (and has) deleted entire accounts if they suspect your income comes from Adult. Same with Wells Fargo. Stick with Chase BUT name your business something generic with no reference to anything porn or Adult related.
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It's really a YMMV situation. Wells Fargo has also been said to be OK with adult in previous threads and posts about this and Chase a few years ago went on a closing spree of porn industry accounts (lots of articles on this one).
Your other advice is solid: be generic and play it safe. On top of that I suggest having at least three bank accounts at totally different institutions (3-2-1 backup rule). Outside of First Entertainment, I don't know of any openly 'adult OK' banks in USA unless you're making pretty solid revenue each month (and even then, you'll be on the top of the risk pile).
Edit: there's also this:
https://www.occ.gov/news-issuances/n...cc-2021-8.html
Granted, it's from the previous administration and temporary on hold, but perhaps we may see a watered down version of this coming into being (my hope is we'd get something that's limited at least to banks provided basic services--what everyone in this thread is probably looking for--with other things like providing loans axed).