I am a sole trader living alone. My personal finances are not joint or shared.
I set up the business account to use for my work and day to day expenses but see now each payment is 10c.
This will add up with day to day DD gas/electric, mortgage, life insurance, shopping, etc.
Is it also wrong and or legally incorrect to use the business account this way?
Otherwise I will have to pay for a personal and business account (or pack account)
Then have gone from 10-20 euros/month plus business use payments.
I also created a switch request for my old banks day to day accounts to one of my bunq business accounts. Does this mean to solve it I will be fined 126 euros as in your description.
If so I think this should have been made clearer and I’d hope to avoid the fine (I really did read up as much as I could beforehand). I see only questions about using a personal account for business but not the other way around.
Any advice or help is much appreciated.