Question

mention any other feature of that deposit account

Answer 1

Overdraft facility is allowed only in current accounts for a short period of time.

Current accounts are those accounts in which there are almost no limits on the numbers of withdrawals.

Generally these accounts offer no interest or a minimum rate of interest.

Overdraft facility helps the businessman to arrange for short term funds in an emergency situation.

Answer 2

overdraft facility by a deposit account on future............

########