Your Questions About Business Online Banking
Helen asks…
How long does it take for a refund to appear on your online bank statement?
I returned an item yesterday that I paid for with my debit card. However, the refund has not shown up on my online bank statement. When will the refund go through and show up on my online bank statement?
Jere answers:
It can take up to 5 business days.
Steven asks…
How does one verify the authenticity of a business bank account information before making a payment?
How to avoid making payment to fraudsters who pose as genuine businesses online. How does one verify their authenticity?
Jere answers:
You can’t. That is why you should not make a transfer, rather use your credit card.
Laura asks…
Whats the danger of opening a personal account and using is specifically for your business related purposes?
I want to use an online bank for my business but it only allows you to open personal accounts. Is it legal to use a personal account specifically for businesses purposes and what troubles could I run into down the line.
Jere answers:
If you are serious about running a buisness, then take a few extra steps and open a business account. This will help you seperate business and personal costs. If you have an issue with the IRS down the line (small business are auditing a lot), you are better of doing business in your business acocunts.
Mark asks…
Is HSBC online banking safe to use to pay you’re HSBC credit card? Is it safe to give them you’re bank info?
I just recently got a credit card with them and would like to use their online banking center to pay my credit card. I see a lot of complaints with their United States banking operations. I would like to know if other consumers who use them have good experiences with them or bad experiences. I know they are a world bank but it seems they have a lot of complaints in the U.S.A.
Jere answers:
I have never had a problem and I have done business with them for over a year
Lisa asks…
What bank has the highest savings rate right now? Online? Safest banks?
I would like to get a savings account with the highest interest rates going right now. But I also want to do business with a well-known and popular bank, especially online banks. I only have a couple hundred dollars to open up an account with. Any suggestions?
Jere answers:
Try HSBC direct and Wamu, both have online savings accounts over 3%. I believe that ING has a good online savings as well
Powered by Yahoo! Answers