A current account is primarily designed for frequent transactions and offers features such as unlimited deposits and withdrawals, easy access to funds through checks, debit cards, and online banking. It typically does not earn interest or offers minimal interest rates compared to savings accounts. Additionally, current accounts often include facilities for overdrafts, enabling account holders to withdraw more than their balance. They may also provide features like monthly statements, bill payment services, and direct deposit options.
a current account is an account you have now.
Diff. between CC account & current account
i am a student and wanted to open my account should i open a current account or credit account
owners current account is called a personal account and it has a credit entry
A current account is an account used predominantly by businessmen. There usually a higher number of transactions that are allowed in a current account when compared to savings account and it also earns much lesser interest than a savings account. Savings accounts are much more common in India than current accounts.
The list of the main features of current employment legislation includes: Employment rights Equality and discrimination Health and safety
data on indias current account balance for period 2001-2006
Balance of payments is a collection of accounts conventionally grouped into three main categories, with subdivisions in each. The three main categories are: 1) Current Account 2) Capital Account and 3) Reserve Account
The following are a few additional features of current account. They offer special checking facility for UAE residents, free transfers, international debit cards, 24 hour banking facility.Moreover they are available in various currencies.
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current account deficit
a current account is an account you have now.
current account deficit
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what is difference between a current account and a cheque account
Diff. between CC account & current account
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