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Business bank accounts: frequently asked questions

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What to compare in a business bank account

Start with the account type and the fees you will actually pay. PayPal Colombia is an easy access account with foreign exchange fees of 3% to 4% and a margin of 3% to 4%, and deposits sit under FDIC up to USD 250,000. Transfers usually land in Seconds, which helps when you pay suppliers abroad. Read the PayPal Colombia review before you switch.

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