Choice of account: current or personal

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The choice between a current and personal account depends on your goals. Let's look at situations in which one or the other account is required:

You need a current account if:

registered as an individual entrepreneur (IE) or own a legal entity;
you plan to conduct commercial activities, which implies armenia whatsapp number data cashless payments to suppliers and clients, payment of salaries to employees, payment of taxes and fees;
want to use a number of additional services provided by banks for business, for example, acquiring (acceptance of non-cash payments), salary projects, currency control (foreign economic activity).
A personal account is enough if you:

an individual and do not conduct commercial activities;
you receive a salary, stipend, pension;
pay for utilities, internet, communications;
make purchases in stores and online;
make transfers to relatives and friends.