Question: Why do you use
a personal account for business?
Answer: Nope. We use our
corporate account for business. Serious businesses use corporate accounts,
which scammers do not like to use. This is because a corporate account comes
with a high level of security and holders are easily traced when they dupe
others.
We use our corporate
account for receiving payments and for making Instant Transfers of cash to our
customers, no matter the banks they use.
When we were paying N150
per transaction, we used our corporate account. And now that we are paying N50
per transaction, we also use our corporate account. This calls to mind some
stingy exchangers who use their personal accounts to pay customers because they
want to save N50. This is a shame.
You buy Bitcoin at 330/$
and sell at N370/$, and you are still using a personal account to pay (Zenith
to Zenith, GTBank to GTBank, etc) because you do not want to pay N50. What an
ignominious shame!
It is common quickly
develop trust in those who use corporate accounts for business, compared with
those who use personal accounts.
HOWEVER, there are rare
cases in which Access Bank may have network problems, and during these times,
any money transferred my get hanged and delayed too much. This is the only
reason that can make us use a personal account to pay. It is better to pay with
a personal account, than to delay payments to any customers (we hate delaying
customers’ money).
That means, when there
is a problem with our corporate account banking provider, we use our personal
account to pay, to avoid delaying our customers and we explain the reason to
them.
PAYEER department: The
lady in charge of our PAYEER department uses her personal account to do the
business. This is the only exception and our customers understand this. Our
PAYEER department is part of ITUGLOBAL.
Traders’ Mindset: Traders' Mindset
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