The business account that simplifies your everyday finances

A business bank account separates personal assets of an individual from company finances. The account is generally equipped with standard banking services, including cards, insurance, bank details (RIB/IBAN), bank statements, and more. With a merchant business account, the company can carry out all of its required financial transactions. It can collect payments and make wire transfers.

Some institutions offer additional services for business accounts, including electronic payment terminals (POS), international transfers, online banking, distance selling contracts, and other features. At Qonto, in addition to these services, we also offer an affordable mobile payment terminal.

Finally, many banks offer their expertise to help companies set up such an account. There are key criteria you should prioritize when doing so. Pricing terms should be considered carefully, including account maintenance fees and standard banking fees. The authorized payment methods available can also serve as an indicator of service quality.

With this type of account, entrepreneurs also have the option to appoint authorized representatives and co-holders to manage it. These individuals can be separate from those managing their personal account. In fact, this separation is strongly recommended.

First, Qonto makes collecting receipts for business purchases and travel expenses effortless. A quick photo of the receipt is all it takes to log the expense directly in your account.

On top of that, you can issue physical or virtual payment cards to give your team more independence. Worried about employees exceeding spending limits or making unauthorized purchases? No need—Qonto lets you set precise card controls and spending caps.

Finally, your team no longer has to fill out paper expense reports, and managers don't have to waste time reviewing them. Expenses are approved directly in the Qonto app, and your employees get reimbursed instantly as soon as its approved.

In short, Qonto is a business expense management solution that saves you not just time, but money too.

Yes! With Qonto, you reimburse out-of-pocket employee expenses in an average of 2 days. To do this, simply follow these steps:

• Create read-only access for your team members;
• Set up an approval workflow that aligns with your internal policy;
• Approve the expenses submitted by your employees;
• Reimburse your team instantly.

As soon as you approve an expense, an instant transfer is sent straight to your employee's bank account.

Yes. Qonto lets you manage multiple accounts, teams, and approval levels, making it ideal for both boutique agencies and larger corporate groups.