Technically, you can use a personal bank account for your business. But this is not advisable. Sole proprietors are not required to open a separate bank account, but the IRS recommends that all business owners use a different bank account to separate personal and business finances.  Tax compliance aside, personal bank accounts don’t offer the same features and benefits as business accounts. For example, you won’t have access to merchant services or payment acceptance through a personal account. Some banks may even require you to open a business account if they find out you’re using a personal account for business transactions.