Hi, My query is about i am sole propritership of my hydraulic repair and maintenance company I want to know which type current account need to open or use my saving bank account.
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Quick Summary
As a sole proprietor of a hydraulic repair and maintenance company, you're wondering whether to open a current account or use your existing savings account. While a savings account can be suitable for freelancers or businesses in their very early stages with low turnover, a current account is generally recommended for business operations. A basic current account with no minimum balance requirement is a good option to consider.