okey cya ug naa kay business
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bantay lang ka sa imong daily cash position nga dili sya mo fall below against issued cheque para di mo bounce
gamit mn ang checking account sa business or if naa kay loan...den issue nlg ka post-dated checks for monthly payments..things like that.
pg-open lang kn naa ka gamitan...if wala, ayaw. wala kaau gamit na.
kn ng-isse ka den nakalimot kag deposit, mahal ang charge sa bounced check. Also, i think dili savings account ang checking..so wala'y interest.
Ask lang pud ko pila diay open account sa checking account?
If you're a big-time buyer and businessman... best to get one.
Pros: Safer to pay huge amounts of money through check than through cash. You can issue a stop-payment order in case you wrote the check in mistake and the recipient has not yet cashed the check.
Cons: Check clearing takes time - about 3 business days (local)... 30 business days (foreign currency). You need to have a maintaining balance. The checkbook does not come free. Most sellers prefer instant payments over check payments.
If you're a one-time buyer, I advise against opening one. Pwede ra man ka magpa-issue ug manager's check. P50 ra ang flat service charge sa BPI regardless of the amount indicated in the check.
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