The need to be physically present in the US to open a US checking account is a major concern for international businesses. Companies that wish to expand their business in the US market often find it difficult to do so. Additionally, you must have to invest a lot of time in doing all the paper works. Moreover, many checking accounts comes with high fees which affects the cash flow of businesses, particularly those with tight budgets.
Chime Alternative, Zil offers a perfect solution for this. The cloud-based platform offers a US checking account that can be started from anywhere in the world. You can easily create an account remotely using the platform. All that you need is your business details and your passport to open an account. Also, you can add multiple accounts for your various businesses on the platform. The platform offers fee-free checking accounts that helps you enhance your cash flow.
Fee-free Checking Accounts for all Your Needs
- The checking account offered by Zil is completely free. Many other banks too may offer you such a free account but will only do so if you meet certain demands. These demands may include minimum deposit requirements and so on. However, Zil offers you a fee-free checking account without any conditions. That is, there are no minimum deposit requirements or any other demands. The platform offers a checking account with zero initial fees, zero monthly fees, and zero hidden charges.
- The fee-free checking account offered by the platform enhances your cash flow. That is, you don’t have to worry about any fees. The platform allows you to invest your cash in anything more important. Having more flexibility in your budget can help you grow your business as well as it gives you peace of mind.
Multiple Payment Options for Your Multiple Demands
Zil lets you make payments via ACH, wire transfers, virtual cards, and mail checks from your home or office. The user-friendly interface of the platform allows you to make multiple payments without any additional effort.
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Pay and Get Paid Instantly
With the cloud-based platform, you can experience quick ACH payments. The recurring ACH facility available on the platform allows you to make regular direct deposits to your payee easily. Typically, an ACH transfer would take 1-2 days, but with the platform, you can make ACH payments within the same business day.
You can also collect direct payments from clients before due dates. This allows you to budget more effectively and ensures that you have backup funds always with you to meet urgent expenses. Additionally, the same-day ACH transfers offered by the platform help you to make payments on time. It allows you to avoid any penalties or fees associated with late payments.
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Make Your Payments without Border Restrictions
The wire transfer feature available on Zil lets you make payments both internationally and domestically. You can make wire transfers quickly and affordably with the cloud-based platform. International wire transfers often need specific codes like SWIFT or IBAN. On the other hand, domestic wire transfers only require a routing number and account number. These transfers are ideal for businesses that need to transact large volumes of money.
Zil allows you to track both your international and domestic wire transfers right from your fingertip. This helps you to have a control of your money even while sitting at home. You can make sure that your money is reaching the right hands. Also, the ability to move large amount of money effortlessly helps businesses move sums quickly and effectively.
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Instant Virtual Cards for Easy Payments
Next, the virtual card feature offered by the platform lets users make payments instantly. To use the virtual card, first, you have to fund your wallet. You can make payments with this virtual card until the money in your wallet becomes zero. If you further wish to make payments, you can easily get another virtual card using the platform. Since the platform allows you to make payments via virtual cards anytime, you can easily make unexpected payments, even on holidays.
Additionally, the gift card options on the platform let you send them to anyone in your contact list. Unlike the traditional gifting process, this method lets your receiver have gifts of their choice rather than your choice.
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Have a Control over Your Business Expenses
With Zil, you can send your employees corporate expense cards. These are particularly beneficial for having control over your business finances. The platform allows you to have a clear view of when and where your money is used. Corporate business cards are beneficial for employees as well, since it lets them use company funds directly without having to use personal funds.
Also, the platform allows you to track your spending which further contributes to the growth of your company. The detailed transaction history provided by the platform allows you to be certain that your funds are used appropriately. It also improves the auditing and compliance with company policy and regulatory requirements.
Chime Alternative, Zil is an all-in-one solution that helps you meet all your business needs. The US checking account offered by the platform can be opened from anywhere in the world. This helps you expand your business to the US market even if you are not physically present there. Moreover, the fee-free checking account allows you to save money and invest it in other things that help your business grow. The multiple payment options on the platform are another highlight. The ACH, wire transfer, virtual cards, and many other cost-effective payment options available on the platform let you make payments instantly. So, let’s not waste any more time, satisfy all your business needs with Zil.
