What is a Business Bank Account? Do I Need One? How Do I Open One?

Aside from the higher fees, how do business bank accounts differ from personal bank accounts?

What Kinds of Business Bank Accounts Does Tangerine Offer?

The business account Tangerine offers is very simple but there was still one twist to application process that I didn’t expect. I was also curious whether you could deposit cheques for free into their business account because many business accounts charge a fee even for deposits. So I checked with Tangerine.