Business Banking for Moving Companies in Washington
Free business checking with 1.75% APY, built-in accounting, and unlimited sub-accounts for moving companies in Washington.
Starting a Moving Business in Washington
Licensing
Washington Department of TransportationState Tax Rate
0% (no state income tax, but 7% capital gains tax)
LLC Filing Fee
$200 (LLC)
Major Markets
Seattle, Spokane, Tacoma, Vancouver
Key Requirements in Washington
Best Banks for Moving Companies in Washington
Compare Washington's top business banking options for moving companies.
Holdings
$0/mo · 1.75% APYFree business checking with built-in AI accounting, unlimited sub-accounts, and FDIC insurance up to $3M. Available nationwide including Washington.
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
Washington Federal
Regional bankBest for: moving companies wanting a PNW-rooted bank
Pros
Pacific Northwest-focused, strong business banking
Cons
Monthly fees on some accounts
Banner Bank
Regional bankBest for: moving companies in eastern Washington
Pros
Washington-headquartered, extensive PNW branch network
Cons
Moderate digital features
HomeStreet Bank
Regional bankBest for: moving companies in the Seattle metro
Pros
Seattle-based, strong business and commercial lending
Cons
Primarily western Washington
Why Moving Companies in Washington 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 Washington — FAQ
Do I need a license to start a moving company in Washington?
Yes — Washington 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 ($200) as a first step.
What insurance do moving companies need in Washington?
Moving companies in Washington 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 Washington 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 Washington. Open your account in minutes.
Moving Companies in Other States
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