Discover the Benefits of a Genome Business Account
When thinking about doing business in the Czech Republic and Europe in general, remember to pay attention to the importance of quality financial services concerning your business account. The financial side of life in the EU is governed by multiple agreements, compliance with which will not be difficult if you can open a business account on a platform that:
● Monitors all updates of legislation regarding business and financial transactions.
● Implements the latest technologies for more efficient business account servicing.
● Regularly updates its anti-fraud software to detect and prevent the latest fraudulent schemes.
● Gives you the opportunity to manage your funds on an online account together with other representatives of your company.
How to Open a Business Account Without Bank Visits
● To open a business account today, you do not need to visit the bank with a lot of your documents and fear that you will be refused or allowed to open it only with a high level of risk gradation.
● Genome account gives you all the features of a traditional business account and even more. To open a business account on the Genome platform, you do not need to go anywhere — just open the website genome.eu and register.
● By submitting a minimum package of documents to go through the KYC verification procedure and confirm that this is your company, you will receive the best online account for your business.
● You will be able to use your business account and transfer money to partners in EUR and USD within 72 hours.
Why Opening a Business Account Is So Important for Successfully Managing Company Money
There are many reasons why you simply cannot do without a business account and a merchant one to manage the money of your company in Europe and accept payments. Genome, knowing about all these reasons, will provide you with the most favorable conditions so that your funds can be freely sent to your partners in EUR, GBP, and USD, and you, in turn, can receive payments from customers without any delay.
Reasons |
Advantages of Business Account |
How Genome Account Solves This Task |
| Service Speed | A business account allows you to conduct a much larger number of transactions at once.
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You will be able to transfer money through generally recognized payment systems, such as SWIFT and SEPA.
At the same time, using Genome’s payment system, you can transfer money between the Genome users instantly and without commissions. |
| Possibility of Teamwork | You are unlikely to allow any of the employees to manage money from your personal online account.
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Genome makes it possible to connect your employees to the management of the company’s money in an online account.
You can assign different roles to your employees by giving them different powers regarding transactions in your business account.
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| Dealing with Tax Agencies | Tax authorities require confirmation that the money received in your online account is not a profit from business activity. Therefore, accepting payments from consumers to a personal account is simply irrational and can raise many questions from regulatory agencies. | Genome regularly provides detailed financial analytics that can be used to resolve disputes with all public financial institutions and improve the company’s performance.
In addition, by studying the Blog Genome, you can avoid multiple misunderstandings with tax and other authorities that other companies may have when they transfer money. |
Open a business account with Genome to start using it in 72 hours. If you need multiple accounts, you can get them in up to 15 for your business wallet.
Your company’s business will go up if the best professionals in Europe will take care of your business account. Genome has gathered an excellent team of specialists who follow all the technological, legal, and financial subtleties to best support the operation of your online account.
