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  2. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the ...

  3. Cheque - Wikipedia

    en.wikipedia.org/wiki/Cheque

    The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee , to ...

  4. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer ...

  5. Available Balance vs. Current Balance in a Bank Account ... - AOL

    www.aol.com/available-balance-vs-current-balance...

    The current balance and available balance shown on the ATM screen or receipt should be the same as what you see when you log in to your account on the bank's website or mobile app.

  6. Current account (balance of payments) - Wikipedia

    en.wikipedia.org/wiki/Current_account_(balance...

    The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both ...

  7. Can You Get a Cashier’s Check at a Bank Without an Account?

    www.aol.com/cashier-check-bank-without-account...

    This is because a cashier’s check is drawn directly on the bank’s own funds, not those of an account holder. Because of this, cashier’s checks are often preferred when dealing with large ...

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