WebCurrent Bank Account synonyms, Current Bank Account pronunciation, Current Bank Account translation, English dictionary definition of Current Bank Account. n. A bank … WebAn account at a bank in which a customer deposits money for immediate use. For example, one may utilize a checking account for one's monthly expenses, such as a mortgage payment or groceries. Because most customers keep money in a checking account for a shorter period than in a savings account, a current account pays a slightly lower …

What is Current Account Its Features & Benefits HDFC …

WebA bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and … WebAn account at a bank in which a customer deposits money for immediate use. For example, one may utilize a checking account for one's monthly expenses, such as a mortgage payment or groceries. Because most customers keep money in a checking account for a shorter period than in a savings account, a current account pays a slightly lower … flare stack oil refinery

Current Account Balance Definition: Formula, …

WebCurrent accounts are related to liquid deposits and provide a wide range of tailored solutions to facilitate financial transactions. Furthermore, current accounts allow the use of the bank's check (cheque) feature to pay creditors. Cheque payments to creditors can be made with ease using this account. WebCurrent account (balance of payments), a country's balance of trade, net of factor income and cash transfers. Current account (banking), a checking account, held at a bank or … Webbank account: [noun] an account with a bank created by the deposit of money or its equivalent and subject to withdrawal of money (as by check or passbook). flare stack shutdown