0
Commercial accounts are for businesses as opposed to personal accounts which are for individuals. Commercial accounts may also be used in the context of sales person where his clients may be referred to as commercial accounts. For example someone who sells food to a restaurant would consider the restaurants commercial accounts.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Commercial banks or financial institutions have various types of checking and savings accounts for their customers.?
True!
What is the journal entry for buying a tv commercial?
debit advertisement expensescredit cash / bank / accounts payable
Which companies offer business merchant accounts?
Most financial organizations and credit companies offer incentive programs to attract commercial accounts. Call your preferred company to schedule a meeting.
What are the different kinds of bank accounts?
There are several, like a checking or a savings account, then there are commercial accounts for people who have businesses, then of course there are "in trust" accounts, these are accounts that are set up by one person for another e.g.: a grandparent can open such an account for a grandchild, and put money away every month until the child becomes of age. the best thing to do is to go and see a branch manager and ask what is best for you.
What banks offer accounts receivable financing?
Wells Fargo, 1st Commercial Credit, Crestmark, TAB Bank, and RMP Capital are just a few of the banks that can offer accounts receivable financing. Credit unions in your town might be able to offer this also.
What are commercial accounts used for?
Commercial accounts are for business to business dealings in regards to promoting business and keeping the company sustainable. The commercial accounts contrast with the customer accounts because the business dealings is between companies and not between individuals.
What is Compello?
Compello is a company that buys performing and non-performing consumer and commercial accounts. These accounts might be credit cards, loans, current accounts, or any other kind of credit available in the UK.
What is a username and the password for nakedcom?
WikiAnswers does not provide information on creating personal accounts on commercial sites.
What are the different types of accounts in Kenya commercial bank?
am out of the country and would like to open an account
Commercial banks or financial institutions have various types of checking and savings accounts for their customers.?
True!
Services of commercial bank?
Some of the services provided by a commercial bank are: a. Checking/Current account b. Savings accounts c. ATM Cards d. Check Books e. Deposit Accounts f. Loans g. Credit Cards etc
What services does ingdirect.ca offer?
"Ingdirect.ca offers both retail and commercial banking services, including checking and savings accounts, commercial loans, investments and mortgages."
What facilities are provided by the commercial bank?
Some of the services provided by commercial banks are: a. Checking/Current account b. Savings accounts c. ATM Cards d. Check Books e. Deposit Accounts f. Loans g. Credit Cards etc
What are factors of commercial paper?
Factors provide financing on accounts receivable by discounting accounts receivable on a non-recourse basis. Upon buying the accounts, the factor assumes the position of the seller--including the risk of default and credit losses
What is the journal entry for buying a tv commercial?
debit advertisement expensescredit cash / bank / accounts payable
What about commercial banks?
Commercial banks are the regular banks that provide basic banking facilities to its customers. Some of the facilities you can get from a commercial bank are: a. Checking/Current account b. Savings accounts c. Internet/Mobile Banking d. ATM Cards e. Check Books f. Deposit Accounts g. Loans h. Credit Cards etc.
Which companies offer business merchant accounts?
Most financial organizations and credit companies offer incentive programs to attract commercial accounts. Call your preferred company to schedule a meeting.
