What is the difference between Business Debit and Corporate Credit? | Ask Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

What is the difference between Business Debit and Corporate Credit?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

The first deducts from the account funds, and the second uses the company's credit limit.

Key points

  • Choose according to your cash flow and expense management.

  • Credit adds a credit liability.

Source

Discussion

Join the discussion

Sign in to add your comment or reply to other readers.