NewsLetter

Sign-up for BankFly's Newsletter.Only Useful Financial Info.Enter your email address:

Delivered by FeedBurner

Sponsor

New bank account for business, how to answer the question “How will you process your receivables?”?

bank account
ccartertn2002 asked:


I am setting up a new bank account for my new business and the bank manager wants to know “how will you process your receivables?”.
How do I answer this question?

Anime Music Videos

Tags: , ,

One Response to “New bank account for business, how to answer the question “How will you process your receivables?”?”

  1. By Receivables they mean “Accounts Receivable” or the money owed to you by customers. Not all businesses operate credit terms but those that do either manage the AR themselves, use a third party or using some factoring services.

Sponsors
BankFly Topics

Enter your email address:

Delivered by FeedBurner