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Florida · FL

Business Banking for Moving Companies in Florida

Free business checking with 1.75% APY, built-in accounting, and unlimited sub-accounts for moving companies in Florida.

Starting a Moving Business in Florida

State Tax Rate

0% (no state income tax)

LLC Filing Fee

$125 (LLC)

Major Markets

Miami, Tampa, Orlando, Jacksonville, Fort Lauderdale

Key Requirements in Florida

Moving company license or registration required in Florida
USDOT number required for interstate moves
Cargo insurance and general liability insurance required
Must provide binding or non-binding estimates to customers
Workers' compensation insurance required in Florida if you have employees

Best Banks for Moving Companies in Florida

Compare Florida's top business banking options for moving companies.

1

Holdings

$0/mo · 1.75% APY

Free business checking with built-in AI accounting, unlimited sub-accounts, and FDIC insurance up to $3M. Available nationwide including Florida.

Key Features

  • Free business checking
  • Built-in AI bookkeeping
  • Unlimited sub-accounts
  • 1.75% APY on all balances

Pros

  • No fees, no minimums
  • Accounting included free
  • FDIC insured up to $3M

Cons

  • No physical branches
  • No cash deposit
2

Centennial Bank

Regional bank

Best for: moving companies wanting regional branch access

Pros

Strong Florida presence, business-focused

Cons

Limited digital features

3

Seacoast Bank

Regional bank

Best for: moving companies on Florida's east coast

Pros

Florida-based, strong business banking, growing branch network

Cons

Primarily East Coast Florida

4

Valley National Bank

Regional bank

Best for: moving companies needing commercial credit

Pros

Growing Florida presence, strong commercial lending

Cons

Still building branch network in FL

Why Moving Companies in Florida Choose Holdings

Free Business Checking

No monthly fees, no minimums, no hidden costs. Every dollar stays in your business.

Built-In AI Bookkeeping

Automatic transaction categorization, real-time P&L and balance sheet. No QuickBooks needed.

1.75% APY on Every Dollar

Your operating funds earn interest while they sit. No tiered rates, no caps.

Unlimited Sub-Accounts

Organize funds by job, project, or purpose. Track payroll, taxes, and expenses separately.

Moving Companies Banking in Florida — FAQ

Do I need a license to start a moving company in Florida?

Yes — Florida requires moving companies to register with the state (often through the public utilities commission or transportation department) and obtain proper insurance. For interstate moves, you'll also need a USDOT number. Register your LLC ($125) as a first step.

What insurance do moving companies need in Florida?

Moving companies in Florida need general liability insurance, cargo/goods-in-transit insurance, commercial auto insurance for trucks, and workers' compensation. Customers' belongings are your responsibility during the move — adequate insurance coverage is critical.

Do moving companies in Florida need a separate bank account?

Absolutely — moving companies deal with deposits, final payments, fuel costs, truck maintenance, and seasonal labor. A dedicated business account with AI bookkeeping tracks revenue per job and helps manage the seasonal cash flow swings common in the moving industry.

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Ready to open your account?

Holdings offers free banking with 1.75% APY for moving companies in Florida. Open your account in minutes.

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