Is there anything unique about setting up a Solo 401K self directed checking account

QUESTION: I will be setting up a bank account next week.  Is there anything unique about setting up a Solo 401k self directed checking account?
 

Thanks for your prompt attention to this matter. LP
 

ANSWER: As long as your banker follows our bank account establishment guide that we e-mailed to you, the bank account process should go smoothly.  We can also walk your banker through the bank account setup process.  As detailed in our Solo 401k bank account blog and guide, 2 bank accounts are required, one fore each trustee/participant, if both Solo 401k trustees/participants will be participating in the Solo 401k plan. Further, the bank account will be setup in the name of the Solo 401k using the Solo 401k plan’s employer identification number instead of your social-security number or business tax-identification number.