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Business Accounts

How does a business account work?

DNBC Team DNBC Team

Oct 18, 2023

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Business accounts operate similarly to personal accounts. However, obtaining a business account offers business owners additional benefits and features.

DNBC enables you to easily open a business account online. You simply provide information and required documents about your business and yourself.

Once approved, you’ll be assigned a unique IBAN for your account. Then, you can conveniently initiate your money transfers using our payment platform or the DNBCnet online payment app.

With your account you can make:

  • Wire transfer
  • SEPA transfer if you are in SEPA Zone countries
  • SWIFT transfer with more than 11,000 SWIFT member institutions around the world

You will have to pay account maintenance fees, as well as other fees depending on the terms of the account, on a monthly basis.

Note: The content in this article is for general informative purposes only. You should conduct your own research or ask for specialist advice before making any financial decisions. All information in this article is current as of the date of publication, and DNBC Financial Group reserves the right to modify, add, or remove any information. We don’t provide any express or implied representations, warranties, or guarantees regarding the accuracy, completeness, or currency of the content within this publication.

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