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 and offers exclusive Merchant Account features. This means you can effortlessly accept payments, including debit/credit card transactions 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.