Current Account

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Current Account

A detailed financial statement representing the debit and credit relationship between two parties that has not been finally settled or paid because of the continuous, ongoing dealings of the parties.

References in periodicals archive ?
Unlike normal chequing accounts if the balance in High Performance Account falls below the minimum on any one day then the profit does not accrue for that particular day and the customer is not penalised for the whole month.
Like most banks, Mashreq offers a free chequing account that requires a monthly balance of Dh3,000.
will issue the Target Debit Card, which links to the cardholder s existing chequing account and can be used only at Target stores in Canada.