Transferring to the Social Insurance Institution (ZUS), settling amounts due to a business partner, sending an advance income tax payment to the tax office or paying invoices for rent – the entrepreneur’s world is still standing by transfers. Bankier.pl checked in which banks people running their own business can count on unlimited free external transfers.
Cheapest business accounts in July
In the July ranking of the cheapest business accounts, the Polish website analysed bank accounts for entrepreneurs in terms of the price of external transfers (ordered via internet or mobile banking). When preparing the quarterly statement, they took into account three criteria:
- the number of free external internet transfers,
- the amount of the fee for each subsequent transfer above the limit set by the bank,
- monthly cost of running a business account.
In the event that two or more banks offer unlimited external transfers after meeting certain conditions of activity (e.g. making transfers to the Social Insurance Institution (ZUS) or the Tax Office, or ensuring payments to the account for the indicated amount), the position in the ranking depends on the amount of the transfer fee in the event of failure to meet the requirements
Please notice that not all banks are shown on this list, fx is not Citibank on the list.
The parameters of business accounts presented in the table above take into account the current promotions at banks, e.g. the possibility of using the account free of charge for 24 months.
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Source: Bankier
