Compte Bancaire Professionnel: Who Qualifies and What You Get
Learn if you are required to open a dedicated professional bank account for your business and what the costs and benefits are.
A professional bank account is a dedicated financial account used specifically for your business transactions to keep them separate from your personal money.
Who it's for
This is intended for auto-entrepreneurs who have earned more than €10,000 in revenue for two years in a row.
What you get
The primary benefit is the ability to separate your professional finances from your personal ones. This makes it much easier to track your business income and expenses.
What it costs you
You will typically pay monthly maintenance fees. These costs generally range from €5 to €30 per month.
The catch to know
You may not actually need a full professional account if you are a small auto-entrepreneur. In many cases, a dedicated personal account is enough to meet your needs.
How to apply
- Check your revenue history to see if you meet the two-year threshold.
- Compare the monthly maintenance fees offered by different banking institutions.
- Contact a bank to open a dedicated account.
- Provide your business registration details to the bank.