Today, many people are engaged in entrepreneurial activities. In this case, it is necessary to take care not only of the profit, but also of the ability to store it and report to the regulatory authorities. At the same time, there are several types of bank accounts that a person can open: settlement, current, deposit and savings. To understand which one is best for you, we recommend that you familiarize yourself with the information below. Experts will tell you in detail what a WestStein online settlement account is, the main advantages of this type of financial storage will also be discussed below.
Opening a current account online: what customers need to know
So, to start with, we need to figure out how the customer plans to exploit their savings.
- Current account. Suitable for ordinary citizens who wish to make purchases, make transfers and simply store finances.
- Deposit account. This type of account allows you to open a bank deposit. You can’t make purchases from it, as well as withdraw or send money, because the main goal is to receive interest. Today, deposit accounts are sometimes used to securely store finances.
- Cumulative account. A kind of hybrid of the two previous analogues, which implies the ability to pay for certain services through an Internet bank or a mobile banking application.
- Settlement account. This account is often opened specifically by legal entities (companies) or individual entrepreneurs in order to keep funds on it, as well as to make settlements and payments related to entrepreneurial activities.
Thanks to the WestStein service, customers can save their time and not visit banking institutions, but can open a current account online. In the modern world, such an opportunity is convenient and in fact does not limit the consumer in anything.
Why is it necessary to open a settlement account for free?
The WestStein online account is a convenient tool for doing business. Revenue can be easily received on it, while it is easy to purchase goods / services with it, pay taxes, as well as:
- keep proceeds in a non-cash account;
- keep in touch with foreign partners and receive transfers from them from outside their state;
- provide customers with the opportunity to transfer money in a non-cash way, also using the acquiring system;
- transfer staff salaries to plastic cards;
- make mandatory money transfers to regulatory authorities (insurance companies, tax, pension fund) without commission.
Therefore, it should be said with confidence that an online account allows an individual (IN) or organization to carry out various banking operations without cash. Which, in turn, greatly simplifies the process of doing business. You, as a business representative, become more authoritative in the face of not only consumers, but also partners and competitors, because you work within the law, using your unique details to make a profit. You easily communicate with your audience, as well as set up and optimize the payment of salaries and save money due to a reduced commission rate.
How to open an online account?
We tried to make the service as accessible, understandable and convenient for consumers as possible, therefore, in order to open an account, you must perform the following algorithm of actions:
- Find the “Open my account” button on our official website and click on it.
- Fill out the WestStein online registration form on the proposed page. This will take a little time, because you need to enter the name, date of birth, email, address, postal code, phone number and come up with a password.
- Next, you need to confirm your email address and phone number. Immediately after that, the client gets access to their account.
- Top up the account and start using it.
You will receive a real plastic card in 10 working days after applying.
WestStein Online Account Benefits:
- The most favorable conditions for cash withdrawal and account replenishment.
- If you connect a special tariff, then it is possible to make accruals on the remaining funds.
- All information about financial transactions is systematized and always at hand.
- The client is in no way tied to a specific place, the main requirement for using the account is Internet access.
- The consumer has the ability to manage finances remotely, which significantly saves his personal time.
- The account can be closed at any time, for example, when it is no longer needed.
• You are absolutely not limited in terms of entrepreneurial activity.