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Personal Finance
Current accounts
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Types of Current Accounts
Personal Finance > Current accounts
13 cards
Cards (16)
what is a current account?
bank account
which is designed to keep your money safe and secure and allows you to receive
income
, make payments and access
cash
.
benefits of current accounts?
easy to store and use your money on command and helps to build credit score
what are common features of current accounts
paying money in
paying money out
overdrafts
Interest paid on positive balances
Interest charged on negative balances
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