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)
“I cannot tell how many times we had to walk on account of falls or rapids. We were expecting all the while that the river would take a final leap and get to smooth water, but there was no improvement this forenoon.”
—Henry David Thoreau (1817–1862)