Commercial Bank and Checking Accounts

What is aregular checking account?

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2011-09-25 04:59:04
2011-09-25 04:59:04

A checking account is one of the basic types of bank accounts available to customers.

Having a checking account is good because:

  1. You can save your surplus cash in the account for your future needs
  2. You get an ATM/Debit card that you can use for shopping
  3. You get a check book that you can use to pay off people money that you owe them
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A checking account is also called a transactional account or chequing account.



Your bank routing number is on the left side of the checking account and the checking account is next to it.


"A high interst checking account is a type of checking account that earns interest. Usually these accounts have higher interest than a regular checking account, but not as high as a savings account."


A business checking account is different from a personal checking account by the minimum amount of desposit. You can read more at www.business.com › Directory › Financial Services › Banking


average return on a checking account is about 0.1


Yes it is required by law that you are 18+ to have a checking account.


Yes! Creditors can garnish a personal checking account. As long as the creditor has the checking account info they can garnish a checking account.


a trust account means you trust the person that is opening the account, and a checking account means you will keep checking it to make everything is okay.


First you have to go figure out what bank you want to get a checking account with, go to that bank, tell the person at the desk you want to open a checking account and then go on from there. You can also open a checking account over the phone or on the internet.


Signatory means that the person who owns the checking account has signed something linked to the checking account. This could be a document or a check.


It's easier to spend the money in a checking account.


At Chase, you can have a checking account with one of your parents if you are in high school.


money in a checking accountMoney in a checking account


Money in a checking account is called demand deposit.


Impossible to know unless you have his checking account information.


A non-checking account is the account in which cheque book is not issued like for customer for getting loans


You can get a checking account at Wachovia by filling out a form and submitting it to a local branch.


There is a way to earn interest on a checking accounts and can be added to the account. You will have to back through a credit union.


In order to open a business checking account online you first need to decide which bank you would like to have a checking account through. Then you should go to the website and follow the steps listed to open a checking account.


Checking records are the records of transactions in a checking account in a bank.


From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.



Most all banks have a free checking account option. You must be at least 18 years old to apply for a free checking account. It is required of you to have a job, or be in college in order to get the full benefits of a free checking account.


The minimum age in the United States for opening a checking account is 18. You can have a checking account under that age if your parents create one for you.



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