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CURRENT ACCOUNT
INTRODUCTION
A current account is a form of deposit account that allows, among others, payment by
way of checks. This booklet highlights the basic requirements relating to the operation
and
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What is current account - banking?
Current account in banking refers to a type of deposit account that allows unlimited deposits and withdrawals, typically used for everyday banking needs.
Who is required to file current account - banking?
Individuals or businesses who hold a current account in a bank are required to file it.
How to fill out current account - banking?
To fill out a current account, one needs to provide personal or business information, account number, transaction details, etc.
What is the purpose of current account - banking?
The purpose of a current account is to facilitate regular transactions such as deposits, withdrawals, and payments.
What information must be reported on current account - banking?
Information such as account holder's name, account number, transaction details, balance, etc., must be reported on a current account.
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