Find Laws Find Lawyers Free Legal Forms USA State Laws
Home » Find Laws » Business Laws » Business Banking » Business Bank Accounts » Getting a Free Business Checking Account

Getting a Free Business Checking Account

Checking Account

Obtaining a free business checking account is an important step for any business to take. Although a small business owner may not see the benefit of opening a dedicated business checking account, preferring instead to handle their small business checking needs through the personal checking account of the business owner, opening a business checking account can serve to protect the interest and needs of both the business and the business owners.

A dedicated business checking account can be an important tool in managing both personal and professional assets and keeping the two separate in the event a problem develops.

Many banks offer the opportunity to open a free business checking account to small businesses. A free business checking account may encounter limits on the volume of cash deposits that are permitted in a month, or fees after a certain number of transactions, whether checks cashed, deposits, ACH debits, credits, or checks written, have been reached.

A business checking account is afforded the same level of protection from the Federal Deposit Insurance Corporation, or FDIC, as any other bank account, whether professional, personal, or corporate.

Often, opening a business checking account will require the business owner to authorize individuals who can write checks against the account. Opening a business checking account is typically accompanied with access to ATM debit cards that operate in the same way as a personal debit card.

Related Articles

Link To This Page

Comments

POPULAR IN BUSINESS

KFC Franchise
BUSINESS
KFC Franchise
Stock Brokerage
BUSINESS
Stock Brokerage
Trade Secret
BUSINESS
Trade Secret

Browse Trademarks By Name

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Browse Copyrights By Name

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Find an NJ Lawyer
Guide to Finding a Lawyer
Tips