Bank occ a/c is a group defined under which group
Answers
The Bank OCC a/c is a group comes under the liability group.
The full form of the Bank OCC in Open Cash Credit, the name itself signifies that the credit is there, and the credit means liability in books of accounts.
This account provides loans and credits to the people.
a bank account is an account by the bank that allows one to deposit his /her money into the bank .bank accounts can be of many types but fist how do one acquire a bank account
declare the type of bank you are interested in probably you can choose by the type of services they offer and their loan interests and many other things
after that you go to the account and filling a form or the opening account form .they will require some your personal details ,once you are done your account is ready to go and you can deposit or withdraw money from the account at will
some bank accounts can simply be opened online .types of bank accounts include ;savings account ,salary account ,business account