Transactional account
Page 1 of 1
Transactional account
A transactional account is a deposit account held at a bank or other financial institution, for the purpose of securely and quickly providing frequent access to funds on demand, through a variety of different channels.
Transactional accounts are meant neither for the purpose of earning interest nor for the purpose of savings, but for convenience of the business or personal client; hence they tend not to bear interest. Instead, a customer can deposit or withdraw any amount of money any number of times, subject to availability of funds
R4i Karte
Play the best free games
Transactional accounts are meant neither for the purpose of earning interest nor for the purpose of savings, but for convenience of the business or personal client; hence they tend not to bear interest. Instead, a customer can deposit or withdraw any amount of money any number of times, subject to availability of funds
R4i Karte
Play the best free games
fearlove- Posts : 842
Join date : 2011-04-22
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum