Customers use their bank account to manage their cash assets. bank accounts records activity between the customer, the bank, and retailers - a process which helps account holders to keep tabs of what's happening to their money.
There are different types of accounts that people can open. Example definitions:
Current accounts - where Customers tend to hold their salary. Savings accounts - where Clients deposit money - these bank accounts usually have a high interest rate so Customers can benefit from interest.
Folk can deposit spare cash into their bank account (put money in), and they can also make withdrawals (take money out).
Monday, 28 September 2009
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