Can I open a personal account for business purposes instead of business one?
While it's possible to use a personal account for business transactions, a Business Account is specifically designed to cater to commercial needs. DNBC Business Account offers enhanced features tailored for businesses, including a higher daily transaction limit and the ability to handle a larger volume of transactions. Moreover, it integrates functionalities found in Personal Accounts. This means you can effortlessly accept payments, from customers, handle chargebacks, and more. In essence, for optimal business operations and support, we recommend using a DNBC Business Account.
Furthermore, at DNBC, we've streamlined the business account opening process to be as straightforward as setting up a personal account. You'll also have the benefit of a dedicated Relationship Manager to assist you every step of the way. Hence, if you're planning to start or are currently running a business, it's in your best interest to opt for a business account rather than a personal one.