DBS LevelUp: Why you should set up a Business Account

incoming or everything. Then he you know, good visibility on his finances, whether the businesses or personal and he As a result, he doesn't really know whether his business is doing well or not. My sister had to go through the painstaking task of going through invoices and then matching it with his own personal account transactions. They try to differentiate between the business expense transactions and the personal transactions. With DBS Max, the moment payment comes in as a chime telling you like hey, ding ding, payment coming in. So you can actually verify real time on the spot. Which you can't do with PayNow. So business grow, you could actually allow your accountants or your financial controller essentially to access the business account and to help you essentially execute all those business transactions. But for personal account, you can't do that. If you don't credit your cash into your bank account, the bank is unable to assess your revenue in terms of your revenue or balances. So that in turns affects your ability to borrow from the bank. To set up a corporate business account is not that difficult. It's very easy, very convenient. You can actually apply online. The benefits that you're going to get outweigh the cost and expenses, you know, that you're going to have.