What does “Nature of your business” mean when applying for a business checking account?

Question : What does “Nature of your business” mean when applying for a business checking account?
What does “Nature of your business” mean when applying for a business checking account?

I wanted to apply for a business checking account with the Bank Of America and it asks me about the “Nature of my business”. What does this mean?
business checking account

Best answer:

Answer by luisa_mapacha
It means “What does your business do?”