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(in the US) FDIC insurance treats business accounts the same as personal accounts. Bank accounts for corporations, partnerships, and unincorporated associations
by nabla9 4y ago
(in the US) FDIC insurance treats business accounts the same as personal accounts. Bank accounts for corporations, partnerships, and unincorporated associations get the full $250k in FDIC coverage, separate from any owner or member of the organization.
(in the EU) the sum is $100,000 and also applies to companies.