Adro offers checking accounts, savings accounts and a credit card for personal or business use.
Business accounts
Business accounts are created specifically for businesses to manage their finances. If you own a business (which includes freelancers, contract workers, startups, entrepreneurs, etc.), you'll need to keep that money and any transactions separate from your personal accounts.
Adro Business accounts:
Allow you to separate business income and expenses from personal funds, which is important for bookkeeping and tax purposes
Allow you to send and receive ACH and wire transfers
Allow you to send and manage invoices
Allow you to easily accept US credit card payments from customers
Allow you to set up multiple debit and credit cards for team spending
Allow you to add team members with different role permissions
Can sync transactions by integrating with Quickbooks and Xero
Require documentation like your business registration and EIN (Employer Identification Number) to open an account
Personal accounts
Personal accounts are designed for individual use, such as managing your income, expenses and savings.
Adro Personal accounts:
Allow you to pay day-to-day bills and other living expenses
Allow you to withdraw cash from an ATM
Allow you to set up one debit card and/or one credit card for spending
Quick comparison: Business vs. Personal
Feature | Business | Personal |
Open an account from outside the US | ✔️ | ✔️ |
Hold US dollars | ✔️ | ✔️ |
No minimum balance required | ✔️ | ✔️ |
No monthly or annual account fees | ✔️ | ✔️ |
FDIC-insured through Stearns Bank N.A. Learn more | ✔️ | ✔️ |
Can withdraw cash from an ATM | ✔️ | ✔️ |
Debit and credit card access | ✔️ | ✔️ |
Download account statements (PDF) | ✔️ | ✔️ |
Built-in invoicing | ✔️ | ❌ |
Sync with accounting software, like Quickbooks and Xero | ✔️ | ❌ |
Add team members with role permissions | ✔️ | ❌ |
Send wire transfers | ✔️ | ❌ |
Receive Stripe and Amazon payouts | ✔️ | ❌ |