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Checking and savings accounts
As with personal accounts, a business can open a business checking account and savings account. The checking account can be for receiving payments and covering operational expenses (i.e., everyday expenses, like buying supplies or paying employees).
Access to your account
If your business frequently needs small-denomination bills or change, being near a bank branch could also be a matter of convenience. It’ll be much easier to manage your day-to-day operations if you don’t need to travel far to visit the bank. Consider the bank’s branch locations, the branch hours and online banking access.
Email Notification
Email Alert. E-Mail alert is an electronic notification service of transactions in your account(s). · Sign on Process.
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When you give money to someone else, you have a few choices for how to do it. You can hand over cash, a check or payment card in person; you can send a check or payment card in the mail; or you can use an electronic person-to-person money transfer system that lets you send money directly from your bank account to someone else.
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