Social Sciences, asked by yashu3043, 1 year ago

which banking facility enables us to deposit or withdraw money from our bank account anytime in a day​

Answers

Answered by ankitdoremon9
0

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:

Answered by sohailabbas
0

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.

Similar questions