give an idea of the accounts of commercial bank
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A commercial account is any type of bank account that is used by corporations and businesses. A commercial account is usually a checking or other type of demand deposit account, meaning the money can be withdrawn at any time. ... Banks instead pay earnings credits, which they base upon the average account balance.
Answered by
2
Answer:
A commercial account is any type of bank account that is used by corporations and businesses. A commercial account is usually a checking or other type of demand deposit account, meaning the money can be withdrawn at any time. ... Banks instead pay earnings credits, which they base upon the average account balance.
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