What's the best business checking account for an LLC?
Opening a business checking account is important for any LLC. This will facilitate business transactions and payments, and tax and accounting tasks. It will...
How to delete Venmo business account: Fast guide
Venmo might not be the best option for every business. If you find that it’s not suitable for your business needs, you may want to close your account.
This post will provide guidance on how to delete a Venmo business account. If you need a new business account, you can also discover Wise Business in this article.
How to delete a Venmo business account: Step-by-step
With Venmo, you have the option to close your business account while keeping your personal account active. Once you take the following steps to close your business account, Venmo cannot reactivate it.
📝 Here’s a step-by-step guide on how to delete a business account on Venmo:
|
|---|
To completely delete your Venmo business account and keep your personal account active, you’ll need to reach out to Venmo.
| ⚠️ Make sure to address any outstanding transactions before you close your account. |
|---|
Why can't I delete my Venmo account?
There are some cases in which you won’t be able to shut down your Venmo account. The two most common are the following:
- Pending transactions: If you’re waiting on incoming or outgoing transactions with Venmo to go through, you can’t close your account.
- Unresolved cases: In some instances, it’s possible that Venmo might need to resolve an open case before you’re able to close your account.
Need a Venmo business alternative? Try Wise
One reason you may be considering closing your Venmo business account, is that Venmo international transactions are not possible. If you’re looking for a Venmo alternative that provides easy and low cost transfers overseas, try Wise Business.
Wise Business is a smart online banking alternative. With Wise Business, you can send and receive money around the world using local currencies at the real mid-market rate. Wise is even up to 19x cheaper than PayPal for business payments.
Open a Wise Business account online
👉 Make low-cost conversions and transfers
👉 Move funds between currencies seamlessly
👉 Get local account details for 10 major currencies
👉 Hold 50+ currencies at once, all in one place
👉 Easy to set up, easy to use
Benefit from the real exchange rate in 80 countries and save money on all your business transactions.
| 🔍 Read more: | |
|---|---|
Money for here, there and everywhere
Find out more
Monese Business Bank Account Review US (2023)
There is not a Monese business bank account for the US. CLICK to LEARN about alternatives ✔ Possible US transfers ✔ How to sign up ✔ Fees ✔ Services ✔
Netspend Business Account Review (2023)
Netspend Business Account review: It’s important to know that Netspend no longer offers a small business account. Here are some options for an account and prepa
KeyBank Business Checking Review 2023 (Accounts, Fees, Alternatives)
KeyBank business checking account come in three account types. Find out here ✔️ account comparison ✔️ fees and limits ✔️ business alternatives
The 15 best bank accounts for freelancers: Quick overview
The best bank account for freelancers can vary. Let’s take a look: 1) Wise 2) Mercury 3) Novo 4) BlueVine 5) Chase 6) Bank of America 7) Wells Fargo
Can I Use My Personal Bank Account For Business? Key Tips
Yes, you can use your personal account for business. Find out here why a business account might be the right option and what to think about when choosing one.
