how can you know if a bank account is a business bank account?
Written By: admin on November 14, 2009
2 Comments
how can you know if a bank account is a business bank account of a personal ban account by reading the bank details only
Related Posts
Tags: bank details, business bank account, fixed rate private student loan consolidation, home equity loan lowest rate









The only clue you would have would be the name on the account ie XYZ ltd or XYW trading as ABC. If the name was John Smith then it would be likely to be a personal account.
For personal deposits and withdrawal are mostly in cash or to people’s name. Business account payments are made to firms or companies and deposits by cheques deposits.