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Creating a business account for personal use.
JACOBMORTON2706COMPS
Posts: 1 Newbie
There is a business account I have seen available with a high interest rate. I thought that even though I don’t have a business, I could open one to store my savings in. Is this illegal ?
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How are you going to open the account in the name of a business if you don't have one? I'd be very surprised if any business bank account paid a higher rate of interest than that available to consumers.
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OK, spill the beans. What is the account? Link?JACOBMORTON2706COMPS said:There is a business account I have seen available with a high interest rate. I thought that even though I don’t have a business, I could open one to store my savings in. Is this illegal ?0
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