wat is current a/c
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
A debit balance in a current account indicates that the account is overdrawn, meaning the account holder has withdrawn more money than is available in the account. This typically results in a negative balance, and the account holder may incur fees or interest charges from the bank. It can reflect a short-term borrowing situation or cash flow issues, requiring prompt attention to avoid further penalties.
owners current account is called a personal account and it has a credit entry
All payments due have been paid.
current account deficit
a current account is an account you have now.
current account deficit
what is difference between a current account and a cheque account
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
Current Account
No, you typically do not earn interest on a current account.
A debit balance in a current account indicates that the account is overdrawn, meaning the account holder has withdrawn more money than is available in the account. This typically results in a negative balance, and the account holder may incur fees or interest charges from the bank. It can reflect a short-term borrowing situation or cash flow issues, requiring prompt attention to avoid further penalties.
In an HDFC ATM statement slip, 'PCA D' typically refers to a "Personal Current Account Debit" transaction. This indicates that funds were withdrawn from a personal current account at the ATM. The 'D' signifies that it is a debit transaction, meaning money has been deducted from the account.
owners current account is called a personal account and it has a credit entry