Benefits of a Dedicated Business Account

It is much easier to rule your company using a special business account. In this case, you will not confuse your funds with the company’s money and will be able to transfer money and do all other transactions swiftly. Moreover, together with Genome Account, the owner of the business gets numerous features and useful solutions for everyday activity. Let us discover how to open a business account and why it can be beneficial.

Ways to Open a Business Account

Previously, a business account was created only in banks. The procedure, of course, still exists, but it is linked to the bureaucracy and consumes both time and money of the applicant.

On the other hand, there is an opportunity to create an online account by yourself and then operate it without any additional problems. No wonder such practice has become widespread in Europe. In Germany, it is also very popular, and you can easily find a company owner who operates a business account fully online.

Open business account: Genome example

What do you need to apply for an online account for your business? Actually, the scanned copies of the documents and a stable Internet connection are totally enough.

For example, the application for Genome Account proceeds as follows:

1. Visit the company’s website https://genome.eu/ and register on it.
2. Sign up for the system and select the business account opening.
3. Prove your identity.
4. Provide the documents that are required for your business account.

After your complete the application, a financial organization needs up to 72 hours to make a decision on it and provide you with a unique business account. The operation is possible just after its creation.

Advantages of a Dedicated Business Account

Why are people in Europe and Germany so fond of the opportunity to open a business account online? It is not only easy and convenient but also provides additional benefits.

Multiple IBANs and currencies

An online account gives the opportunity to create several accounts in EUR, GBP, and USD. The exchange rate is generally favorable. Therefore, you can transfer money and, after opening a merchant account, accept payments in different currencies and then exchange them directly in your online account.

International activity and templates

Through such a business account, you can operate all over the world and do all the necessary transactions. If you need to repeat them from time to time, just create the template and use it as many times as you wish to transfer money in EUR, GBP, and USD instantly.

The app and the referral program

A modern business account is usually accompanied by an app and a referral program. The first tool gives the opportunity to work with an online account anytime and from any place, as well as get real-time notifications. As for the second, it will provide you with bonuses when your colleagues or friends also join the same system.

In-depth reports and analytics

A good idea about a business account is the fact that it provides you with all the necessary details about your transactions and other activities with your money. The system can, in a few clicks, summarize the actions in the online account and create the fullest report.

In a nutshell, when you open a business account for your business, you open the world of useful opportunities for its expansion and success. You can make and receive payments, transfer money, and operate the business account remotely. Moreover, one can be totally sure of the security of money and business accounts because of the high level of anti-fraud protection.

Just give this modern tool a try, and you will enjoy all the advantages and benefits of online banking in one place.