Cheqly Blog about Business Accounts in US

How to Keep Your Information Secure While Banking Online?

by Cheqly team | January 22, 2024 | Online Banking , Security

Consumers who use online banking can view their financial information instantly. Online banking is excellent for everything from long-term financial planning to handling emergencies because of its convenience and ease of information access. Some banks are only available online, but most traditional banks have physical locations and provide digital banking services. Even though online portals … Continued

What is Business to Business ACH and How Does it Work?

by Cheqly team | January 15, 2024 | ACH , B2B

The Automated Clearing House Network (ACH) facilitates the electronic transfer of money from one business to another. Businesses can use ACH to make and request payments for services. Compared to more traditional payment methods, it is seen as a superior and simpler approach for service payment. Further, let’s understand more about ACH Payments and how … Continued

What are B2B Payments? Methods, Process & Trends

by Cheqly team | January 9, 2024 | B2B Payments , Banking

Making a business-to-business payment can be quicker and easier than it once was, thanks to advancements in financial technology. Many organizations now have access to many options for faster and more secure payments. Electronic payments, such as digital wallets and ACH transfers, provide a more convenient way to conduct commercial transactions locally or across borders, … Continued

Why Is a Business Bank Account Essential for Your Business?

by Cheqly team | December 27, 2023 | Business Bank Accounts , Small Business Banking

When business owners start, many use their personal bank accounts to accept and spend money for their company. While maintaining your current banking setup is more convenient at first, merging these two accounts could cause some issues in the long run. There are numerous advantages to opening a business account. It can keep you legally … Continued

How to Open a Bank Account for Your Sole Proprietorship?

by Cheqly team | December 18, 2023 | Bank Account , Sole Proprietorship

As a sole proprietor, organizing your business finances is critical. Whether you’re just starting or have an established firm, keeping your business and personal finances separate is important. It is good to open a business bank account for your small business and get aware of your finances. The division not only helps keep your finances … Continued