Does business banking vs commercial banking sound the same to you? Is that a ‘yes’ you are about to say? While the two might seem similar, they are actually quite different. From the target market to the services and products
Here’s a question for you, ‘how many bank accounts do you need for your business?’ I have spent the better part of my career in corporate where big organizations have numerous bank accounts. I have also spent a significant part of
What bank transfer methods do you use for payment processing in your business? As a business owner, it’s important to understand the different transfer methods available to you, their benefits, and how you can use them for your business transactions. Two
"What’s our bank SWIFT code?" This is one of the most common questions I have heard from my clients and colleagues in my career in corporate treasury. In this previous article, we talked about the Important bank terms you should know as
What banking terms are you aware of regarding money management for your small business? When you visit a banking institution or your clients request for certain details, are you left wondering what the terms they just used mean? If that’s a
A few weeks ago, we went to open a bank account for a small business. We were asked whether we wanted a debit card or a credit card for our business during the process. While I’d like to think I
As you run your business, sometimes you’re tempted to inject your personal finances to give it a boost in case things go wrong along the way. But that’s not always the best way to make things work for your business.
Businesses have benefited from internet banking ever since it was launched in 1997. With all the benefits that come with Internet banking, not all banks offer products that will suit your SME. In Kenya, there are many banks at your
When running an SME, banking issues should be at the top of your concerns. SMEs already have enough challenges like securing funding and cash flow management, among others. One of the best ways to solve some of these is having