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Can I operate freely with company money (e.g. on year-to-year declaration basis)?

Last updated: January 18, 2024

You cannot operate freely with the money belonging to your business (e.g. use this for personal use), your business' money and your own personal money must be kept separate.

Xolo will execute monthly reporting and your business bank accounts must match business documentation (e.g. sales and purchase invoices), which you can administer easily with Xolo Leap.

Please note that Xolo does not accept cash transactions (e.g. taking cash out of ATM with your bank card).

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