{"id":22109,"date":"2024-01-18T16:23:59","date_gmt":"2024-01-18T08:23:59","guid":{"rendered":"https:\/\/newsbites.hktdc.com\/?p=22109"},"modified":"2024-01-18T16:24:12","modified_gmt":"2024-01-18T08:24:12","slug":"biz-acct-1","status":"publish","type":"post","link":"https:\/\/newsbites.hktdc.com\/tips\/financial-management\/biz-acct-1\/","title":{"rendered":"Business Checking Account: The Basics"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22109\" class=\"elementor elementor-22109\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0325d6b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0325d6b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e058035\" data-id=\"e058035\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4065920 elementor-widget elementor-widget-text-editor\" data-id=\"4065920\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As a business owner, <strong>keep your business account separate from your personal one<\/strong> to get your finances well-organized. This ensures\u00a0financial challenges, like debts or legal issues that affect your business, don&#8217;t break through to your personal assets.<\/p><p>This article will introduce the fundamentals of a business checking account, how it differentiates from a savings account, and the benefits it brings.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9462125 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9462125\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b089c9c\" data-id=\"b089c9c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df55de2 elementor-widget elementor-widget-heading\" data-id=\"df55de2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Exactly Is a Business Checking Account?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-198d86b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"198d86b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-96144fb\" data-id=\"96144fb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5cdc6ac elementor-widget elementor-widget-text-editor\" data-id=\"5cdc6ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Similar to a personal checking account, a business checking account will be <strong>in your company&#8217;s name<\/strong>, giving your payments a professional touch. It allows you to perform various financial tasks, including depositing and withdrawing funds, paying suppliers and employees, and managing your day-to-day financial activities.<\/p><p>In addition, a business checking account comes with <strong>tailored features for business purposes, such as online banking, mobile banking, overdraft protection, and the option to request business cheques.\u00a0\u00a0<\/strong><\/p><p>Simply put, a business checking account is a subset of a business bank account that allows effortless daily financial management.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b9b0aea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b9b0aea\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72ff0ac\" data-id=\"72ff0ac\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc0d807 elementor-widget elementor-widget-image\" data-id=\"dc0d807\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/shutterstock_1414570394-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-22115\" alt=\"\" srcset=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/shutterstock_1414570394-768x512.jpg 768w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/shutterstock_1414570394-600x400.jpg 600w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/shutterstock_1414570394-1024x683.jpg 1024w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/shutterstock_1414570394-1536x1024.jpg 1536w, https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2024\/01\/shutterstock_1414570394-2048x1365.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Make cheque payments in your business name.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b169765 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b169765\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d1fff8f\" data-id=\"d1fff8f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d05b096 elementor-widget elementor-widget-heading\" data-id=\"d05b096\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Functions Does a Business Checking Account Have?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d68793b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d68793b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7da0037\" data-id=\"7da0037\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-527d821 elementor-widget elementor-widget-text-editor\" data-id=\"527d821\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>After setting up your business checking account, you can process the following types of transactions:<\/p><ul><li><strong>Cheque writing:<\/strong> Issue cheques under your business name. So, when you pay someone, it comes from the business, not your personal account.<br \/><br \/><\/li><li><strong>Deposits:<\/strong> That includes money from sales, customer payments, and any other income your business makes.<br \/><br \/><\/li><li><strong>Expenses and Payments:<\/strong> Make payments to suppliers, for rent, utility bills, employee salaries, and other costs.<br \/><br \/><\/li><li><strong>Debit card payments:<\/strong> Make purchases for your business. Some banks even let you get employee debit cards, so your staff can buy items for the business, but only up to your limits.<br \/><br \/><\/li><li><strong>Banking Services:<\/strong> Access to business loans, merchant services, or lines of credit, which can support the growth of your business.<br \/><br \/><\/li><li><strong>ACH transfers:<\/strong> Pay Paperlessly. Usually, banks don&#8217;t charge for receiving these transfers, but there might be a monthly fee for sending payments to vendors or service providers.<br \/><br \/><\/li><li><strong>Wire transfers:<\/strong> These are for moving large sums of money between different bank accounts, either domestic or international. You&#8217;ll have to pay a fee for outgoing wire transfers, but incoming ones might be free.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a7e2d63 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a7e2d63\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-334a0b5\" data-id=\"334a0b5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e1da62 elementor-widget elementor-widget-heading\" data-id=\"7e1da62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What's the Difference Between a Checking Account and a Savings Account?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d9ba856 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d9ba856\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-defccfe\" data-id=\"defccfe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-951c739 elementor-widget elementor-widget-text-editor\" data-id=\"951c739\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Deciding between a business checking account or a savings account depends on how you intend to use your money:<\/p><table width=\"600\"><tbody><tr><td width=\"300\"><p><strong>Checking Account<\/strong><\/p><ul><li>Handle Day-to-day Expenses<\/li><li>Short-term Deposits<\/li><li>Convenient Cash Withdrawal<\/li><\/ul><\/td><td width=\"300\"><p><strong>Savings Account<\/strong><\/p><ul><li>Earn Interests<\/li><li>Long-term Savings<\/li><li>Stricter Cash Withdrawal<\/li><\/ul><\/td><\/tr><\/tbody><\/table><p><strong>Sometimes you may even find that both types of accounts suit your needs.<\/strong> If you go for both, getting them at the same bank can be helpful for easy fund transfers, but it&#8217;s not mandatory. Check out details like fees, minimum balances, and interest rates of different banks.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a1dd9d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a1dd9d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-43bfec1\" data-id=\"43bfec1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b119870 elementor-widget elementor-widget-heading\" data-id=\"b119870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why a Business Checking Account?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9074e87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9074e87\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a04af9a\" data-id=\"a04af9a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bcb8507 elementor-widget elementor-widget-text-editor\" data-id=\"bcb8507\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A business checking account holds great significance, even for small business setups, to achieve financial stability and success. Having a business checking account for your SMEs is not just a convenience &#8211; it&#8217;s a wise business practice that ensures <strong>financial transparency, legal compliance, and a solid foundation for growth and success.<\/strong><\/p><h3>Watch out for Part 2 of this article in late January, where we will talk deep into the procedures of setting up your Business Checking Account, criteria of a proper account, and so on!<\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f7136d2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f7136d2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0240957\" data-id=\"0240957\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69fc661 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"69fc661\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-495498c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"495498c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0fd8b20\" data-id=\"0fd8b20\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44adf5f elementor-widget elementor-widget-text-editor\" data-id=\"44adf5f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This article is originally published by <a href=\"https:\/\/aspireapp.com\/blog\/business-checking-account-what-is-it-and-how-does-it-help\" target=\"_blank\" rel=\"noopener\">Aspire<\/a>:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-35ecacf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"35ecacf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4363cf2\" data-id=\"4363cf2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2130273 elementor-widget elementor-widget-image\" data-id=\"2130273\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aspireapp.com\/blog\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/elementor\/thumbs\/Logo-Full-qihe921iinljvzzutmbls1kekqnkbiowi8d5aczgva.png\" title=\"Logo &#8211; Full\" alt=\"Logo - Full\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-166ffc7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"166ffc7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c65aec1\" data-id=\"c65aec1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-058f637 elementor-widget elementor-widget-text-editor\" data-id=\"058f637\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Aspire is the all-in-one finance platform for modern businesses, helping over 15,000 companies save time and money with international payments, expense management, payable management, and receivable management solutions \u2014 accessible via a single, user-friendly account.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a60402 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a60402\" data-element_type=\"section\" 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This ensures\u00a0financial challenges, like debts or legal &hellip; <\/p>\n","protected":false},"author":28,"featured_media":22110,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[388,4],"tags":[],"class_list":["post-22109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-management","category-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business Checking Account: The Basics - HKTDC Newsbites<\/title>\n<meta name=\"description\" content=\"As a business owner, keep your business account separate from your personal one to get your finances well-organized. 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