A Novo business checking account is a great option for any business searching for a fee-free, digital checking account. To better serve our customers, Novo has collaborated with Middlesex Federal Savings to provide free unlimited transactions. Similarly, they give no monthly maintenance costs and reimbursement of ATM expenses for our business banking customers that bank only online. Although you cannot put cash into your Novo profile directly, you may use the app to buy a money order and deposit the funds.
The Novo business checking account does not earn interest, and the corporation does not provide other financial services like savings or loans. Apart from that, it's a reliable platform for conducting business transactions online. Novo provides a wonderful solution if you are searching for a digital-only, fee-free business checking account. Novo stands to reason if your business makes many ATM transactions since the service reimburses its customers for their ATM costs at the end of the month.