A bank account is a financial account between a bank customer and a financial institution. A bank account can be a deposit account, a credit card, or any other type of account offered by a financial institution. The financial transactions which have occurred within a given period of time on a bank account are reported to the customer on a bank statement and the balance of the account at any point in time is the financial position of the customer with the institution.
Read more about Bank Account: Account Types, Types of Accounts
Famous quotes containing the words bank and/or account:
“We bank over Boston. I am safe. I put on my hat.
I am almost someone going home. The story has ended.”
—Anne Sexton (19281974)
“How then can we account for the persistence of the myth that inside the empty nest lives a shattered and depressed shell of a womana woman in constant pain because her children no longer live under her roof? Is it possible that a notion so pervasive is, in fact, just a myth?”
—Lillian Breslow Rubin (20th century)