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:
“But there, where I have garnered up my heart,
Where either I must live or bear no life;
The fountain from the which my current runs
Or else dries up: to be discarded thence,
Or keep it as a cistern for foul toads
To knot and gender in!”
—William Shakespeare (1564–1616)
“Genius lasts longer than Beauty. That accounts for the fact that we all take such pains to over-educate ourselves.”
—Oscar Wilde (1854–1900)