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:
“When women can support themselves, have entry to all the trades and professions, with a house of their own over their heads and a bank account, they will own their bodies and be dictators in the social realm.”
—Elizabeth Cady Stanton (1815–1902)
“It is an agreeable change to cross a lake, after you have been shut up in the woods, not only on account of the greater expanse of water, but also of sky. It is one of the surprises which Nature has in store for the traveler in the forest. To look down, in this case, over eighteen miles of water, was liberating and civilizing even.”
—Henry David Thoreau (1817–1862)