I would think personal accounts are better to open and get the benefit of no fees until you are forced to convert it into a business one due to the turnover amounts exceeding their threshold or the AI can spot business activities.
I would think personal accounts are better to open and get the benefit of no fees until you are forced to convert it into a business one due to the turnover amounts exceeding their threshold or the AI can spot business activities.
True point - easier to open too without needing doc submission right away (unlike proving business status) but then the sale amounts will kick in to determine "classification" of the account as business level vs personal activity...
I would think personal accounts are better to open and get the benefit of no fees until you are forced to convert it into a business one due to the turnover amounts exceeding their threshold or the AI can spot business activities.