We are opening up an account for ABC, LLC, which owns two subsidiaries, Company A, LLC and Company B, LLC. They are all under one tax ID number and taxes are filed under the ABC, LLC name. They would like to have one operating account under the name of ABC, LLC, but allow checks to be written to either Company A or Company B and deposited into ABC, LLC.
Could I title the account:
D/B/A Company A
D/B/A Company B
or maybe use the For Benefit Of designation? I have not worked on the retail side of opening accounts so could use some guidance on best practices.