which banking facility enables us to deposit or withdraw money from our bank account anytime in a day
Answers
Answer:
The bank usually provides different types of accounts which can be opened in their bank , some of them namely : current a/c , savings a/c , fixed deposits a/c etc.
In current accounts , there is almost no restriction of withdrawal or deposits of any amount in the day . Usually businessmen has such accounts because they need cash very frequently. But , it should be noted that there is no interest given on cash deposits in such accounts unlike other accounts .
Thus , Current account enables us to deposit or withdraw money from our bank account anytime in a day . plastic cards can be the alternative answer as well .
Explanation:
Answer:
Current account
Explanation:
Through current bank we can deposit or withdraw money from our bank account anytime in a day.
Current account is an account at a bank or building society which provides us the facility to withdraw and deposit money without any notice .Current account may also be known as an active account catering for frequent deposits and withdrawals by cheque.