Generally speaking, opening an account online is usually faster and easier than visiting a branch to apply in person. That said, if you have specific questions, you may find it harder to get answers with an online-only bank. Many find it helpful to meet with a business representative at their local bank in order to get their questions thoroughly answered. Some types of businesses in fact require you to apply in person. Such as those providing money services, telemarketing, gambling services, dealers in precious metals, and government entities.[footnote] Nolo Legal Encyclopedia."Opening a business bank account." Accessed June 26, 2022.[/footnote]Wherever you decide to take your banking, know that you can always revisit your terms, both at sign-up and at least once a year. It's standard for most banks to allow for an account review in order to optimize your banking experience. Banks are willing to renegotiate terms if it makes sense.