In today’s fast-paced world of e-commerce, success always depends on the ability to deal with the complexities of payments. For e-commerce companies engaged in B2B transactions, it is important to manage a cost-effective flow of funds between suppliers, vendors, and partners. However, the harsh reality of e-commerce businesses is that they have to deal with the increasing transaction fees. These piling-up transaction fees are cutting into their profits and stretching already thin margins. The solution to this? A free business checking account.
A fee-free checking account can protect e-commerce businesses that need to send thousands of dollars in payments from losing a significant portion to unnecessary fees. It helps to manage finances cost-effectively. Now the question is, where can you get a business checking account that is completely free? Zil.US has you covered. The platform is designed to give your business the freedom to manage its finances without worrying about fees.
No Fee Checking Account
The business checking account from Zil.US comes with zero fees, offering you the flexibility to focus on growth rather than transaction fees. The platform’s checking account has no initial fees, monthly fees, or any other hidden fees. Moreover, there is no need for a minimum deposit or minimum balance. Let’s see how this feature of the cloud-based platform helps an e-commerce business.
- No initial fees: A checking account with no initial fees can help an e-commerce business preserve its capital. This lets them allocate funds to inventory, marketing, or other important business operations rather than paying account fees.
- No monthly fees: Checking accounts with no monthly fees lets businesses save money, which can be reinvested into marketing, inventory, or other business activities. It lets them manage day-to-day operations more efficiently, especially during low sales periods.
- No hidden fees: Checking accounts that do not have any hidden fees allows businesses to avoid unexpected charges for services like transfers, withdrawals, and account maintenance. This lets businesses manage their finances more predictably.
- No minimum balance requirement: E-commerce businesses often have fluctuating cash flow due to variable sales. A checking account that comes with no minimum balance requirement lets owners transfer funds as needed without worrying about penalties.
- No minimum deposit requirement: Checking accounts with no minimum deposit allows startups and smaller e-commerce businesses to open an account without an upfront deposit.
Why The Checking Account from The Cloud-Based Platform?
As mentioned before, the checking account from Zil.US is completely free. In addition to this, the checking account from the cloud-based platform has other peculiarities as well. Let’s check out the most prominent.
- Multiple Checking Accounts
With Zil.US, you can have multiple checking accounts with a single subscription. The platform lets you manage all these accounts from a single interface. Having multiple checking accounts helps an e-commerce business to allocate different accounts for different purposes. They can use different accounts for dealing with operating expenses, payroll, savings for taxes, etc. This helps them to keep their finances organized and simplifies spending tracking in different areas. Moreover, this encourages disciplined funding and makes sure that essential areas of the business receive proper funding.
- Open a US Checking Account from Anywhere in The World
With Zil.US you can open a US checking account no matter where you are. All you need is a subscription to the cloud-based platform. Having a US checking account lets international e-commerce businesses easily access the vast US market. It also lets businesses accept payments in US dollars and simplify transactions with their American customers.
Make Payments Easily from Your Checking Account
Zil.US offers you multiple payment options with which you can transact money easily. Let’s see them one by one.
- ACH Transfers: This is one of the most efficient B2B payment options available today. They are processed via the ACH network, which is controlled and monitored by NACHA. Zil.US is an official member of NACHA. So, you can make ACH payments easily and cost-effectively with the cloud-based platform.
- Wire Transfer: Zil.US allows you to easily make wire transfers. You can make international and domestic wire transfers with the cloud-based platform. For making international wire transfers, all you need is specific codes like SWIFT or IBAN, and for making domestic wire transfers, all you need is a routing number and account number.
- Virtual Cards: Making virtual card payments is easy and affordable with Zil.US. To make payments this way, you first have to fill out your wallet. And once the wallet becomes empty, you can easily recharge it.
- Check by Mail: Zil.US allows you to easily send checks via mail. Here, the platform does everything from printing, labeling, and enveloping your checks to sending them via mail on your behalf. All these can be done at an affordable cost.
Conclusion
E-commerce businesses can significantly save money using the free business checking account offered by Zil.US. The platform allows you to open any number of checking accounts. Moreover, you can open a US checking account without necessarily being in the US.
