What is the best bank to open a business banking account if you are contracting as a limited company?

March 3, 2010 in Financial by BankFly

MadgeLivesInMarbleArch asked: I am contracting as a limited company in the financial services industry in London. Because of new regulations, anyone contracting as a limited company must now have a business bank account. Can anyone in a similar situation... Read more »

How to I transfer money from Canada to a Bank of China account in Hong Kong?

March 2, 2010 in Financial by BankFly

aawwianng asked: Does anyone know what the steps are to transfer money from Canada to a Bank of China account in Hong Kong? I don’t have a Bank of China account, but I think I could transfer money via my own bank account, or walk into the Bank... Read more »

What documents are needed for opening a bank account?

December 1, 2009 in Financial by BankFly

xxxx_fallen_xxxx asked: For direct debits etc? My parents opened a building society account for my when i was young, i’m now 18 and it would be a lot more convenient to have a bank account. I have a passport and some past payslips but would I need... Read more »

Do you need a bank account to purchase something with paypal?

November 14, 2009 in Financial by BankFly

frozen555 asked: I have a paypal account and a bank account. Is paypal similar to a secondary bank account? Can I use paypal by itself to make payments, or do I need to link it with my bank account to submit payment? I am asking this question, because... Read more »

Mail the online bill pay check on paid in full account back to bank or to the customer?

November 9, 2009 in Financial by BankFly

Todd asked: At my work, we take payments from customers who use online bill pay with their banks. We receive a check from the bank. If the customer’s account is already paid in full, one bank says to mail it back to them to recredit to the customer’s... Read more »

How do you set up a bank account and deposit the checks?

November 2, 2009 in Financial by BankFly

BuffaloBill1989 asked: What do you do once you go to your local bank to get a bank account and to deposit your first checks in? What are the requirements? What do you need in order to get your bank account? What are the rules? How do you get payed... Read more »

How to open a wire transfer bank account?

October 20, 2009 in Financial by BankFly

Catherine H asked: A friend unexpectedly got a construction bid overseas and the overseas client is ready to pay. Need to open a wire transfer bank account at one of the two banks used by client in U.S. However, both banks and their branches are... Read more »

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