Sentences with phrase «daily business bank account»

Your business will also need to be at least 1 year old with $ 100,000 in annual revenue, an average daily business bank account balance of $ 2,000 and 10 sales per month.

Your business will also need to be at least 1 year old with $ 100,000 in annual revenue, an average daily business bank account balance of $ 2,000 and 10 sales per month.

Not exact matches

You should have at least two separate business accounts, one that can be used for daily spending linked with your Debit Card (typically a checking account) and a 2nd account for holding larger amounts that has no cards or online banking linked to it.

Your payments will be withdrawn from your business bank account at a predetermined daily withdraw amount.

Many lenders, including online lenders, require a fixed repayment amount on a daily or weekly basis (auto - debited from the business bank account), while others require a traditional monthly payment.

It deducts a daily or weekly payment from your business bank account.

For the business expansion loan, you'll also need an average daily bank account balance over $ 1,000.

They will want to look at your business bank account statements to determine how if you have a large enough average daily balance to lend to, and to evaluate how much cash you're bringing in in comparison to the amount of debt your business has.

These short - term loans are great for small business owners who need funds in a pinch and who have the ability to pay back on an automated, daily basis as a percentage of their card sales, or, a fixed amount drawn from their business bank account.

If your account has a minimum daily balance requirement, the fee is assessed based on what you have in the bank at the end of the business day.

A checking account, or a demand deposit account, is a consumer or business bank account used for daily transactions.

For the business expansion loan, there's an additional requirement of having an average daily bank account balance of more than $ 1,000.

For the business expansion loan, you'll also need an average daily bank account balance over $ 1,000.

Bank deposit redemptions will be transferred to the checking or savings account within three to four (3 - 4) business days and there is a $ 500 (50,000 Points) daily limit for bank deposit redemptions deposited into U.S. checking or savings accouBank deposit redemptions will be transferred to the checking or savings account within three to four (3 - 4) business days and there is a $ 500 (50,000 Points) daily limit for bank deposit redemptions deposited into U.S. checking or savings accoubank deposit redemptions deposited into U.S. checking or savings accounts.

New Delhi (Sputnik)-- As cryptocurrency exchanges in India reported a business of over $ 3.5 billion in the last one month alone, major Indian banks have started suspending the accounts of some of the exchanges, according to a report published by the Indian business daily Economic Times.

• Verify the accuracy of invoices and checks and post relevant information in predefined accounting databases • Prepare and submit invoices and handle payments • Coordinate cash and check deposit activities • Sort and enter accounts payable and receivable data into company database • Prepare and produce accurate financial statements such as balance sheets • Maintain record of assets and liabilities and complete and deposit tax returns • Reconcile bank statements and manage cashbook management on a daily basis • Issue and maintain records of petty cash • Audit accounts to ensure accuracy and address any discrepancies found during auditing procedures • Process refund requests and reconcile monthly statements • Post details of business transactions including received and disbursed funds • Type vouchers, invoices, bank drafts, checks and reports • Post cash receipts and expenses in designated accounts software • Report accounting discrepancies to supervisors and assist in resolving them and any issues that customers may have with their accounts • Compile and maintain financial records of the company by recording and summarizing data • Keep record of business transactions, compute costs and verify bills • Create statistical records by combining data and performing computations • Prepare payrolls and transfer employees» salaries to their accounts on a monthly or bi monthly basis • Manage day to day internal controls and arrange for purchase orders to be prepared

• Performed daily banking initiatives, balancing ATM, servicing all accounts, and opened all new personal and business banking accounts, and hold Notary Public License for the state of Florida.

Recorded store's business transactions and retained all accounting records; reconciled the actual pick - up amount of the each cash register with the expected pick - up amount of the cash; identified the net customers» charges of the retail sale from the shortage and overage and prepared daily deposits to the bank; ordered the X-change money in...

JPMorgan Chase (Chicago, IL) 2007 — 2010 Branch Manager • Managed all aspects of JPMorgan Chase branch including daily operations and personnel • Responsible for $ 40 million in deposits, $ 20 million in loans, and $ 50 billion in accounts • Consistently exceeded quarterly acquisition goals through effective product positioning • Ensured banking compliance with state, federal, and internal regulations • Conducted audits to maintain responsible, profitable, and efficient operations • Investigated issue escalation, fraud, theft, forgery, and identity theft claims as needed • Delivered excellent customer service ensuring client satisfaction and repeat business

Core Competencies Sales Management • Branch Operations Management • Administrative Operations • Customer Service Communications • Daily Operations Management • Retail Banking • Scheduling & Staffing • Strategic Planning • Business Management • Training & Development • Compliance • Program Development • Business Development • Coordination • Employee Relations • Client Services • Account Management

Professional Duties & Responsibilities Managed daily banking operations and financial product sales for multinational banking institutions Generated significant revenue through successful leveraging of bank products and services Consistently recognized for excellence in sales, marketing, and team management Hired, trained, and reviewed financial sales associates, tellers, and support staff Offered career development services to build employee value, efficacy, and dedication Interfaced with business, insurance, and investment partners to provide holistic client service Built long - term relationships with customers, partners, and industry contacts Monitored compliance with legal and corporate policies protecting company and client assets Responsible for personal, home mortgage, automotive, and business loans Opened, updated, and settled personal and business accounts Oversaw teller transactions including deposits, withdrawals, cashier's checks, and vault access Resolved customer service inquiries resulting in client satisfaction and repeat business

Midwest Steel Blanking (Lombard, IL) 07/2004 — 08/2008 Director of Operations • Oversaw daily operations and management of 40 employees including 2 project managers • Served as an advisor to the President on all critical and strategic issues • Led presentations to banks, governmental agencies, potential investors, and large volume customers • Oversaw production, maintenance, quality control, and all other dealings with all outside vendors • Negotiated all insurance policies and contracts concerning account receivables and insurance related claims • Developed the ISO 9000 quality manual and OSHA safety awareness programs, training, and documentation • Trained future managers of the company in professional skills, managerial decision making, and business communications • Designed and implemented a new inventory control systems for managing raw - material and finished - goods • Ensured cost control limiting the direct expenses incurred and indirect impacts such as inefficiencies, downtime, and waste • Over a 3 year period, reduced the account receivables insurance premium from $ 55K to $ 13K / year • Renegotiated all other insurance contracts for better coverage and reduced premiums by 20 % • Reduced «outside parts manufacturing» cost by 50 % • Maintained the cost of all supplies at the 2004 levels • Instituted production reporting and operational data analyses for decision making • Reduced down time by 60 %, overall operation's cost by 4.5 %, and scrap generation by 3 % • Developed ISO 9001 quality manuals and handled external annual audits • Introduced safety procedures and training programs

Unlike many mobile banking programs, which place tight limits on daily deposits, REALTORS ® Federal Credit Union allows up to $ 25,000 per day for personal accounts, and even more for businesses.