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Banks already do that for business accounts. Actually depending on the type of account it could be much, much more than that. For reference I used to pay close

by daemin 9y ago

Banks already do that for business accounts. Actually depending on the type of account it could be much, much more than that. For reference I used to pay close to $10 / 30 days to have a business account open in Australia. Note that I said every 30 days, not every calendar month. This makes it slightly more expensive than you think.

nesyt 9y ago
>This makes it slightly more expensive than you think. 365.25 / 30 * $10 == $121.75 vs. $120.00 if it was per month. Slightly indeed.
- daemin 9y ago
  It ends up as an extra payment every 5 years or so. Given that most paid services are invoiced by calendar month, this is somewhat unusual.