Bank Iowa Business Online Banking eGuide

Managing Subsidiaries - Adding Subsidiaries

Do you need to set up a subsidiary?

Subsidiaries are essentially multiple bank accounts which your company has the authority to access. Many parent or holding companies, with subsidiary operations, manage the finance at the holding company level. If you operate a relatively small firm with just a few accounts, this section may not apply to you.

To Add a Subsidiary:

Click on the Subsidiaries tab. 1. On the Subsidiary Management page, click Add Subsidiary . 2. Fill out the required information regarding the subsidiary. 3. When finished, click Create Subsidiary .

The required fields in the Add Subsidiary page vary, depending on the payment types that you select.

12