It’s common for many SME business owners to manage their business finances with their personal bank account.  Whilst it is convenient, in the long run a business account brings more benefits.

A business account makes it easy to book keep and provides an accurate view of your cash flow. It also presents a more professional image to your clients, suppliers and business partners. As your business expands, the business account lets you make payments with ease.

Businesses that have a separate credit profile don’t have to solely rely on the owner's personal history when obtaining financing; this gives a stronger credit picture and increases your chances of approval by a financial institution.

Creating the right accounts and structure for your business from the start can help prevent future financial missteps, and opening a business account isn’t costly or difficult.

Maybank has made it convenient for SMEs to open a Maybank Business Account online; no introducer required. Open one today here