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No - every bank account MUST have it's own unique account number.
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∙ 13y ago
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What account is similar to a saving account?
Current Account
What is fullform of casa in banking?
Current account saving account
What are the types of bank accounts in Pakistan?
1.fixed deposit account 2.saving account 3.current account 4.home saving account 5.family saving account
What are the functions of Habib Bank Ltd?
saving account fixed account current account
Difference between current account and call deposit account?
A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.
What is the CASA statement?
CASA statement means 'Current Account, Saving Account Statement'.
Is the interest on current account higher than that of the saving account?
Of course not,current account does not have any interest,due to the withdrawal of the money for business at any time.
How can i Know whether current account provide same interest like saving account in UAE?
A current account is an account where the level of activity is far more than savings. It is often referred to as a check in account and is made to do frequent transactions as a result most of the times it does not have balance in it. In such cases, current account in banks in does not offer any interest on the account balance . They are 0 interest accounts.
What is the definition of current account?
A bank account that you use for daily purchases and other similar transactions. Not an account to use for saving.
Is a savings account an current assets?
if saving account for more than one fiscal year then it is long term asset otherwise current asset.
Interest on saving account and current?
Interest on Savings acc = 3 - 4% Interest on current acc = 0%
can i just have a savings accont to sve money?
Yes because the current account is used specially for business users the limit of withdraw ids more in current therefore saving account is can used for saving
