Bank of America recomends for my business account that I put in $100. Why?

Question

I'm just setting up a business checking account. I'm still getting everything situated with the business. Why do I need to put $100 in the account? Or can I just put any amount in there? My guess is it's just to let them know that the account is still being used. But I don't have to pay out $100 do I?

Answer 1

ask them.