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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

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2 Responses to “how can you know if a bank account is a business bank account?”

  1. Jabberwocky on: 14 November 2009 at 11:49 am

    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.

  2. Eddy T on: 14 November 2009 at 11:49 am

    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.

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