How To Start Your Own Bank Using American Express Business Credit Cards?

How To Start Your Own Bank Using Business Credit Cards?
In This Video, I'll show you, how to start your own bank using business credit cards.
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Can you create your own bank?
If so, provided that you have enough money, a good business plan and the patience to make it through the regulatory process, you could actually start your own bank. ... "The U.S. is the only industrialized nation in the world where a group of citizens can start a bank," explains Edward J.

How to Form a Corporation
Choose a Business Name. ...
Check Availability of Name. ...
Register a DBA Name. ...
Appoint Directors. ...
File Your Articles of Incorporation. ...
Write Your Corporate Bylaws. ...
Draft a Shareholders' Agreement. ...
Hold Initial Board of Directors Meeting.

Get documents you need to open a business bank account
Employer Identification Number (EIN) (or a Social Security number, if you're a sole proprietorship)
Your business's formation documents.
Ownership agreements.
Business license.

Key Moments In This Episode
00:28 HOW TO START YOUR OWN BANK WITH BUSINESS CREDIT CARDS
02:02 SETUP YOUR CORPORATION
03:20 OPEN BUSINESS BANK ACCOUNT
04:15 MAKE WEEKLY DEPOSITS
07:11 0% INTEREST CREDIT CARDS
07:29 TRANSFER CREDIT CARD BALANCE TO BUSINESS BANK ACCOUNT

What To Watch Next
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 The original idea for this site actually stemmed from another idea to provide a way of benchmarking the popularity of a video against the general population of YouTube videos. There are probably sites that do this by now, but there wasn’t when we started out. Anyway, in order to figure out how popular any one video is, you need a pretty large sample of videos to rank it against. The challenge is that the sample needs to be very random in order to properly rank a video and YouTube doesn’t appear to provide a way to obtain large numbers of random video IDs.

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 YouTube is an American video-sharing website headquartered in San Bruno, California. YouTube allows users to upload, view, rate, share, add to playlists, report, comment on videos, and subscribe to other users. It offers a wide variety of user-generated and corporate media videos. Available content includes video clips, TV show clips, music videos, short and documentary films, audio recordings, movie trailers, live streams, and other content such as video blogging, short original videos, and educational videos. Most content on YouTube is uploaded by individuals, but media corporations including CBS, the BBC, Vevo, and Hulu offer some of their material via YouTube as part of the YouTube partnership program. Unregistered users can only watch videos on the site, while registered users are permitted to upload an unlimited number of videos and add comments to videos. Videos deemed potentially inappropriate are available only to registered users affirming themselves to be at least 18 years old.

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