aib business account

LePrince · 2015-12-30 22:43:30

Hi, If you are registered as a sole trader, is there any point/advantage in opening an AIB business account? Or can you just have a regular one or even keep your current account?

30-12-2015 11:43PM

#1

LePrince

Registered Users, Registered Users 2 Posts: 26 ✭

Join Date: October 2015

Posts: 17

Hi,

If you are registered as a sole trader, is there any point/advantage in opening an AIB business account? Or can you just have a regular one or even keep your current account?

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Comments

#2 30-12-2015 11:47PM

jimmii

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Join Date: May 2007

Posts: 14604

Having a regular account is fine its essentially just a current account with your name t/a trading name. Makes things a lot clearer than trying to run it from the same account as your personal expenses! You should get the first year or two free too which is nice. The business account is pretty expensive and you can always switch to that in the future in the business demands it.

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#3 31-12-2015 12:35AM

LePrince

Registered Users, Registered Users 2 Posts: 26 ✭

Join Date: October 2015

Posts: 17

So if you don't have a trading name you can open a regular current account and there's no difference with the business acct. okay.

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