Bank Account

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 (1928–1974)

    How then can we account for the persistence of the myth that inside the empty nest lives a shattered and depressed shell of a woman—a 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)