Originally Posted by SpicyM

1. is this a business account?

- if so, you don't need a business account, there is no law that would require opening a business account for business. Just use a personal account. They are cheaper anyways. Business acounts are the typical ripoff. They call that a "business account" to put extra charges and to attract people that do larger transactions. Been using personal account for ages, never had any problem. The tax authorities don't ask what type of account you have. They just want to know the number. ;-)