Business Checking Account
A bank account that's used only for business transactions, rather than personal finances. Business checking accounts are designed for the financial operations of a business or organization. They allow businesses to receive and make payments, manage cash flow, deposit and withdraw funds, and separate their business finances from personal finances for accounting and legal purposes.
Business checking accounts are usually used for day-to-day transactions like purchases or bill payments. They can offer checks and debit card capabilities, and deposits can be made using ACH, wire transfers, cash, and other electronic fund transfers.