What are the benefits of opening a business bank account?

With a business back account you can separate private and business transactions.

With a business bank account, private and business finances are well separated. It also provides a more professional appearance and ensures that you can discuss business and finances at your bank.

Business and Private Account seperate
Opening a business bank account is not a legal obligation, but it can be difficult for entrepreneurs to keep their administration clear when private and business flows of money are mixed.

Business Savings Account
Link a savings account to your business account and deposit a monthly amount. This way you can easily build up pots for any costs you incur.