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:
“A man is a little thing whilst he works by and for himself, but, when he gives voice to the rules of love and justice, is godlike, his word is current in all countries; and all men, though his enemies are made his friends and obey it as their own.”
—Ralph Waldo Emerson (1803–1882)
“We must love one another, yes, yes, that’s all true enough, but nothing says we have to like each other. It may be the very recognition of all men as our brothers that accounts for the sibling rivalry, and even enmity, we have toward so many of them.”
—Peter De Vries (b. 1910)