Ralph Waldo Emerson – Compensation

From Essays: First Series (1841)

The wings of Time are black and white,
Pied with morning and with night.
Mountain tall and ocean deep
Trembling balance duly keep.
In changing moon, in tidal wave,
Glows the feud of Want and Have.
Gauge of more and less through space
Electric star and pencil plays.
The lonely Earth amid the balls
That hurry through the eternal halls,
A makeweight flying to the void,
Supplemental asteroid,
Or compensatory spark,
Shoots across the neutral Dark.

Man’s the elm, and Wealth the vine;
Stanch and strong the tendrils twine:
Though the frail ringlets thee deceive,
None from its stock that vine can reave.
Fear not, then, thou child infirm,
There’s no god dare wrong a worm.
Laurel crowns cleave to deserts,
And power to him who power exerts;
Hast not thy share? On winged feet,
Lo! it rushes thee to meet;
And all that Nature made thy own,
Floating in air or pent in stone,
Will rive the hills and swim the sea,
And, like thy shadow, follow thee.

Best Business Bank Account for Startups and Entrepreneurs

1. Maybank FlexiBiz Account

Minimum Initial Deposit $1,000
Annual Account Service Fee $0
Monthly Fall Below Fee $0
Annual Cost = $0 + ($0 x 12) = $0
FAST Funds Transfer Fee = 20 cents per transfer
http://info.maybank2u.com.sg/business/deposits-banking/current/flexibiz.aspx

What is the catch? You need to pay 50 cents for each issued cheque.

2. UOB E-Business Account

Minimum Initial Deposit = $1,000
Annual Account Service Fee = $0
Monthly Fall Below Fee = $15 (if below $5,000)
Annual Cost = $0 + (15 x 12) = $180
FAST Funds Transfer Fee = $5 per transfer
http://www.uob.com.sg/corporate/corporate/deposits/eBusiness_account.html
http://www.uob.com.sg/online_rates/corporate/general_service_fees_part1.html?s_pid=HOME201205_eg_quicklnk_ql4

What is the catch? You need to pay $20 if depositing or withdrawing money over the counter. FAST fee of $5.

3. DBS Entrepreneurs Account

Minimum Initial Deposit = $500
Annual Account Service Fee = $40
Monthly Fall Below Fee = $35 (if below $10,000)
Annual Cost = $40 + ($35 x 12) = $460
FAST Funds Transfer Fee = $5 per transfer
http://www.dbs.com.sg/sme/day-to-day/accounts/entrepreneurs-account-for-start-ups.page
https://www.dbs.com.sg/iwov-resources/forms/cash/payments/Pricing%20Guide%20(all%20product%20details%20pages).pdf

Waiver of Monthly Fall Below Fee for the first 6 months.

What is the catch? Expensive monthly fall below fee kicking in after 6 months. FAST fee of $5.

4. OCBC Business First Account

Minimum Initial Deposit = $3,000
Monthly Account Service Fee = $38
Monthly Fall Below Fee = $35 (if below $5,000)
Annual Cost = ($38 x 12) + ($35 x 12) = $876
FAST Funds Transfer Fee = $5 per transfer
http://www.ocbc.com/assets/pdf/BizBkgPricingGuide.pdf

Waiver of Monthly Account Service Fee and Monthly Fall Below Fee for the first 3 months.

What is the catch? Expensive monthly account service fee and fall below fee. FAST fee of $5.