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While you can technically use a personal account, a business account is highly recommended as it helps organize your finances, makes tax filing easier, and ensures professional transactions under your business name. It also opens up access to services tailored for businesses, such as payroll management and better credit options. If you want a hassle-free setup, check out business account from https://anna.money/business-account/ it’s perfect for freelancers and small businesses looking to grow.
There's a huge convenience in that, which I agree with you on. But there are different banks now too. In my opinion, alternative financial platforms like PayDo provide sometimes times more favourable conditions for opening an account and using it both for domestic and foreign transfers due to the large number of available currencies, and for everyday needs like paying in online and offline shops.
Mobile banking is really convenient. In any case, since such technologies started to develop, I don't visit bank branches, and this has at least sped up the process of solving problems that arise. I don't need to go to the bank to find out why a payment didn't go through or money hasn't arrived on my account yet, I can solve everything online.
Mobile banking apps improve customer engagement and loyalty through seamless integration with customer support services. Customers can request assistance directly through the app, reducing wait times and improving the overall customer experience. The growth of mobile banking development has also paved the way for digital banking, reducing reliance on physical branches and providing greater access to banking services, especially for those in remote areas.
Can I use a personal account for my business, or do I really need a business account?