Online Check Writer

Multiple Accounts Management

Nov 16, 2020 | Check Printing Software

OnlineCheckWriter.com- powered by Zil Money is a financial technology company, not a bank or an FDIC member. OnlineCheckWriter.com offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.

It is a common thing that most business professionals in the United States possess multiple accounts, which is very much helpful for their day-to-day transactions. There are several benefits to multiple accounts. However, it has some drawbacks also. The major hassle involved while managing more than one account is the issuance of wrong checks. Multiple accounts management is one major struggle faced by all the business entities currently. OnlineCheckWriter.com – Powered by Zil Money helps banking customers to manage multiple checks in an easy method of avoiding all the confusions.

Online Check Writer

Key figures

1M

Users

4,000+

New Customers a Week

50,000+

Transactions per Week

Benefits of having multiple bank accounts

Benefits of having multiple bank accounts

Usually, multiple bank accounts are opened by banking customers due to so many reasons. If you have different types of saving goals, economic experts opine that it is better to open up different accounts in different banks. In the case of having exorbitant bank balances, both business entities and professionals choose multiple bank accounts. If a regular withdrawer of cash for different accounts and purposes, it is better to have more than one account as there is some withdrawal limit for all the bank accounts. Even though multiple accounts managements is difficult, most business professionals initiate different bank accounts in different banks because of all these reasons.

Drawbacks of having multiple bank accounts

Drawbacks of having multiple bank accounts

Apart from the fact that multiple bank accounts possess some advantages, they put forth some challenges. If a professional or a business house has a single account, the bonding of relations between the entity and the bank will be stronger. However, if the bank account number in different banks increases, there will be less relationship between the customers and the bank. Multiple bank accounts also cause great confusion regarding the saving of the fund. Regarding the automatic transfers, multiple accounts usually make huge confusion as it creates huge confusion regarding the form that accounts for the payments that have made and the payment amount.

Multiple accounts management made easy

Multiple accounts management made easy

The most confusion created by multiple bank accounts is that there will be different checks available for different accounts. In such a case, if the customer is issuing a wrong check, there is a chance that there will be no sufficient amount in the account, and the check will get bounced. To avoid this, OnlineCheckWriter helps you select a single check, the specific check that is needed for the payment, and avoids all the possibilities for a wrong check or a check bounce.

Get in Touch

(408) 775-7720

Make a call directly to our customer support team to get assistance instantly.

support@onlinecheckwriter.com

Email us to resolve any queries you have about OnlineCheckWriter.com.

111 N Market St, San Jose, CA 95113

PO Box 6543, Tyler TX 75711

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