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Running A Coporate Organization With Savings Account.(Need Advises) - Business - Nairaland

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Running A Coporate Organization With Savings Account.(Need Advises) by Nobody: 8:58am On Jul 17, 2016
Hey everyone

Is this decision a wise one, after registering my realtor business and software development business, I decide to run the realtor / software business with savings account. What I mean is this, I open a real estate business it comes online, have its website, registered with CAC and then other than use corporate account for cheques, I use savings accounts. Cheques these days has really had set back as stories and I would not like to be party to such, hence I can walk into a bank and ask for a transfer or use my Internet banking for that, sort of confused here, need advises.
Re: Running A Coporate Organization With Savings Account.(Need Advises) by beautisop: 9:02am On Jul 17, 2016
Instead of using a savings acct , y dont u open a biz acct or better still, current acct will be a better option. Because it allows a third party withdrawal.

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