°µÍø½ûÇø

Auto-Entrepreneur bank account advice

SoftwareDev
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Hi

I’m transitioning my °µÍø½ûÇø from a UK Limited Company to a new French Auto-Entrepreneur entity which is now active (non-TVA for the moment). I’m an app developer and the vast majority of the revenue is from subscriptions in iOS apps I distribute via Apple’s App Store. I’m trying to figure out the best approach for my Auto-Entrepreneur banking.

Currently Apple makes payments to my UK °µÍø½ûÇø bank account but I hope I will be able to get them to change that to my French Auto-Entrepreneur °µÍø½ûÇø bank account in the very near future. I have a UK based partner on the app that generates the bulk of my revenue and he is paid a revenue share. I may also have need to take payments from the UK, so having a setup that provides excellent (i.e. good rate, low fees, fast transfers) GBP

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Euro facility is important to me.

For my personal banking I’ve been using Wise for a number of years and am very happy with it. Their °µÍø½ûÇø account looks almost perfect for what I need as it will provide me with both a GBP sort code & account number and a Euro IBAN - as far as I can tell having a Belgian IBAN won’t cause me any issues in the near future…

So questions…

1) Do you foresee there being any issues with me doing all my auto-entrepreneur banking via Wise?
2) Are there any advantages to setting up a “primary” °µÍø½ûÇø bank account like with Qonto and then using a Wise °µÍø½ûÇø account as a “middle man” for any currency conversions I will need to do? I expect I would basically keep the Wise account balances at zero and move money in or out when required. Is there any issue with holding and using two °µÍø½ûÇø bank accounts like this?

Many thanks!

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