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Q: What is the procedure for opening a current account in the company name in the Central Bank of India?
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Can you open the RBI current account for company?

RBI Stands for Reserve Bank of India. RBI is the central bank of India and they supervise the banking operations in the country. They do not provide banking accounts to individuals or company's So, the answer to your question is - No, you cannot open a current account for your company at RBI.


What is the procedure to open a current account for a new company?

Many banks require an individual identification card and a tax identification number to open a new account for a company. There might also be a minimum balance requirement to keep fees to a minimum.


How do you recognize account payable?

Account payable is an account that is a Liability (current). When a person or company owes another company money on account, that is an account payable.


Balance of current account no is 11234200832 in sbi sojatcity on your email id?

my email id is shalugarg86@gmai.com this is rk& company's current account


SAMUDRA - GV SDN BHD is it a registered company?

I didn't check.But as far as i know any company that has a current(checking) account needs to be registered first before the bank would even consider granting them a current account.


Jekyll Company collected 500 on account What impact will this transaction have on the firm's current ratio?

no impact


What are the benefits of business current account?

A business current account has several benefits including allowing the business to move money in and out of the account in real time. It allows the company to pay for things it buys and also to pay in income from things it sells.


What is current account deficite?

current account deficit


What is a current account deficit?

current account deficit


What is a current accout?

a current account is an account you have now.


Which is a current liability account?

Any liability the company reasonably expects to have paid in full in one year or less (or one accounting period) is a current liability.


Is current account a liability?

Any liability the company reasonably expects to have paid in full in one year or less (or one accounting period) is a current liability.