Chequing account legal definition of Chequing account
Current Account (redirected from Chequing account)
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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.