Does savings account exist for company (business)?

andrisskutans
Contributor
Contributor
Posted on
‎Jan-14-2023 09:08 AM

Found article https://newsroom.paypal-corp.com/2022-06-07-Managing-Your-Money-with-PayPal

Understand that it is possible to open savings account, transfer money and get some interest (0.85% Annual Percentage Yield ).

Can company (legal person) open savings account? Or savings accounts are only for private persons?

 

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