What does current account mean?
A flexible bank account designed for daily transactions, allowing frequent deposits and unlimited withdrawals without any interest-earning benefits.
Example: "I opened a current account for my small business to make paying utility bills easier."
Does a current account pay interest on the money deposited?
Typically, a current account does not pay interest, unlike a savings account.
What does current account mean in Urdu?
current account meaning in Urdu is کرنٹ اکاؤنٹ (current account) — Most popular transactional account category for business owners in Pakistan.
What does current account mean in Arabic?
current account meaning in Arabic is حساب جاري — The standard account type for salary transfers in Arab banks.
What does current account mean in Persian?
current account meaning in Persian is حساب جاری — Used for commercial trading and issuing checkbooks in Iran.
What does current account mean in Hindi?
current account meaning in Hindi is चालू खाता — Commonly opened by business firms and sole proprietors in India.
What does current account mean in Turkish?
current account meaning in Turkish is vadesiz hesap — Used daily by Turkish residents for utility bill auto-payments.
What does current account mean in Bangla?
current account meaning in Bangla is চলতি হিসাব — Used primarily by merchants and enterprises in Bangladesh.
What does current account mean in Nepali?
current account meaning in Nepali is चल्ती खाता — Commonly used for business and trading transactions in Nepal.
What is a synonym for current account?
Common synonyms for current account include checking account and transaction account. Its opposite is savings account.
Browse more money and banking words in the Rehbaro Dictionary, or return to the full dictionary.
Keep exploring the dictionary