u003cstrongu003eYou do not necessarily need money to open a business checking account. u003c/strongu003eSome online banks allow you to open a business checking account for free. Most banks require at least a minimum deposit for you to open an account. u003cbr/u003eu003cbr/u003eWhat you need to open a business checking account is your personal information, business license, other business documents, and more.