Published on: November 23, 2024 | By: @rprasanth_kumar
Opening a business bank account has never been easier or more advantageous. With Bourso Business, independent professionals can access a free banking solution that includes a business account, a free business card, and tailored financial products. Here’s everything you need to know about this innovative offering.
Why choose Bourso Business Account?
Bourso Business is specially designed for freelancers and independent professionals, offering:
- A free business bank account.
- A complimentary business debit card.
- No hidden fees or surprises.
- Additional features like tailored insurance, savings plans, and payment solutions through strategic partnerships.
No need for multiple apps. Bourso Business integrates seamlessly with your personal banking space, offering convenience and simplicity. Manage all aspects of your finances from one place, giving you more time to focus on growing your business
- Seamless Access: Use a single app and ID to manage both personal and business accounts effortlessly.
- Innovative Tools: Stay updated with real-time alerts. Without Wicount, automatically track expenses and synchronize external bank accounts.
- Organized Document Management: Centralize your important documents with a secure digital vault. Automatically associate invoices with transactions to streamline bookkeeping.
Features of the Bourso Business Account
Zero Transaction Fees:
- Zero fees for movement commissions.
- Free SEPA business-to-business direct debits.
- Free transfers, whether standard, instant, or international (available in 32 currencies).
Real-Time Management:
- Track your expenses and operations instantly.
- Set personalized notifications for better financial oversight.
Business Debit Card:
- Unlimited free payments and withdrawals in euros.
- Free payments abroad, with no additional charges for euro transactions.
- Withdrawals in foreign currencies with a low fee of 1.69% after the first three transactions.
- Premium travel insurance and assistance for business trips.
- Customizable payment and withdrawal limits.
- More details about the Bourso business debit card.
Note:
- Terms and conditions apply to the free account and card.
- Unlimited free transactions apply to euro-denominated payments. Foreign currency transactions may include fees after a certain threshold. Customization options are subject to approval.
Free Business Account Opening Procedure
- Step 1: Click Bourso, enter your personal information and download the mobile app.
- Step 2: Continue the process on your mobile app and scan your supporting documents.
- Use the Referral code: PRRA2704 for receiving an account opening bonus. Additionally, you can also add the code PKWEEK220, when you open an account during the weekends.
- For account opening, Bourso requires a French IBAN for verification but it does not accept the IBANs from CCF (formerly HSBC), Revolut, N26, Wise, and Orange Bank.
- Step 3: Sign your contract and make your first payment.
- Step 4: Your BoursoBank personal account is now open! Start enjoying it right away.
- Step 5: Once your personal account is open, set up your professional business account in just a few minutes with no supporting documents required.
Optional Paid Add-ons
Take your professional life to the next level with these optional features:
- Payment Solutions with Stancer: Quick and simple client payment processing at competitive rates.
- Bourso Protect Business: Safeguard your professional tools and equipment. Access legal assistance through virtual consultations, help with invoice recovery, and a comprehensive resource library—all at an affordable price.
- Business Savings Accounts: Earn guaranteed fixed returns with a term account (Compte à terme business) spanning 1 to 12 months.
Frequently Asked Questions
Q1: Can I open multiple Bourso Business accounts for the same company?
- Yes, it is possible to open up to three Bourso Business accounts for the same company.
Q2: Do I need to download a separate app for Bourso Business?
- No, the Bourso Business offer does not require downloading a new app.
- Thanks to a toggle system between your personal and professional spaces, you only need a single login and password for simplicity.
Q3: Which business structures are eligible?
- EI (Sole Proprietorship)
- SASU (Simplified Unipersonal Joint Stock Company)
- EURL (Single-Member Limited Liability Company)
- EIRL (Sole Proprietorship with Limited Liability)
- Note: The legal representative must be the sole beneficial owner of the company.
Q4: What documents are required to open a Bourso Business account?
- No supporting documents are required to open a Bourso Business account.
- The only information we need to identify your company and proceed with account opening is your SIREN number.
- You can find it on your registration certificate provided by INSEE.
Sources & References 📕
DISCLAIMER
Any finance-related information shared is not professional legal, tax, or investment advice. The information provided is of an educational and general nature and is not investment advice within the meaning of Articles L. 321-1 and D. 321-1 of the French Monetary and Financial Code. Investment carries risks of loss and past performance does not guarantee future performance. Please consult a financial advisor for any professional advice.