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Q: What is the difference between a personal account and a business account?

A: The difference in nature is minimal but the functional variance and consequences of each move could be costly in the long run.
“Business bank accounts often offer similar features to your personal account, but a business bank account, first off, will be opened in the name of your business. This will add credibility and legitimacy to your business, since, from a professional viewpoint, invoices made out to ACME Widgetslooks far more established than those made out to 'John Smith’s personal account'.”
Check this article for more differences:
https://www.suncorp.com.au/learn-about/business/compare-business-and-personal-accounts.html
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