There are 3 main bank accounts which customers are given the opportunity to open at most banks. They are savings, current and fixed deposit accounts.
Individuals make use of savings accounts mostly while businesses(companies) make use of current accounts. Fixed deposit accounts are for wealthy people whom want to leave their money in the banks for a period of time in return for an increased interest rate.
What kind of bank account do you operate?
Individuals make use of savings accounts mostly while businesses(companies) make use of current accounts. Fixed deposit accounts are for wealthy people whom want to leave their money in the banks for a period of time in return for an increased interest rate.
What kind of bank account do you operate?