Category: Banking

Business insights and articles written by our team of world-class professionals

Bank overdraft benefits

Can my business benefit from bank overdraft in France?

Bank overdraft refers to the situation where you can still use your bank account and make payments, despite having no money left on your account. Since the overwhelming majority of companies in France have a dedicated bank account, how does it work for them?

French business bank account

A bank account for your business: is it mandatory in France?

Is it mandatory to have a separate bank account for your business in France? In most cases, then yes, it is necessary. There are a few situations where you are exempted from it, but even then, opening a dedicated account for your business is heavily advised.

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