Current Accounts
A current account is the form of transactional account found in the United Kingdom and other countries with a UK banking heritage; a current account offers various flexible payment methods to allow customers to distribute money directly to others. Most current accounts come with a cheque book and offer the facility to arrange standing orders, direct debits and payment via a debit card. Current accounts may also allow borrowing via an overdraft facility.
Read more about this topic: Transactional Account
Famous quotes containing the words current and/or accounts:
“Talent develops in quiet places, character in the full current of human life.”
—Johann Wolfgang Von Goethe (1749–1832)
“But, on more accounts than one, I had had enough of moose-hunting. I had not come to the woods for this purpose, nor had I foreseen it, though I had been willing to learn how the Indian manvred; but one moose killed was as good, if not as bad, as a dozen.”
—Henry David Thoreau (1817–1862)