Current Accounts
A current account is a type of bank account that allows for frequent transactions, such as deposits and withdrawals. It is primarily used for day-to-day banking needs, making it easy to manage cash flow. Current accounts typically offer features like debit cards, online banking, and check-writing capabilities.
Unlike savings accounts, current accounts usually do not earn interest or offer very low interest rates. They may also come with monthly fees or minimum balance requirements. Many businesses and individuals use current accounts for their regular financial activities, ensuring easy access to funds when needed.