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The time now is 10/29/08 - 03:25

What is the checking account?


RealCool.BIZ Forum Index -> Finance -> Fundraising, Budgeting & Current Accounts

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matelda
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Joined: 09 Mar 2007
Posts: 3



PostPosted: 07/16/08 - 10:20    Post subject: Reply with quote

Good morning everybody. My name is Dolores and I would appreciate if you could tell me something about one type of bank accounts. I am interested in checking account. What is the checking account? What can you do with it? Thank you in advance for your posts. I am looking forward to them.
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forester
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Joined: 14 Jan 2007
Posts: 4



PostPosted: 08/14/08 - 21:51    Post subject: Reply with quote

Hello there Dolores. I’ll be glad to give you some information about this. Checking account is the most basic type of accounts that you can get. Basically, it is a deposit account through which you can receive your salary, withdraw your money from the cash machines and do electronic banking. You cannot earn interest for your money on checking account. One other characteristic is overdraft available to a certain amount. All of the banks offer this type of accounts and it is very easy to open it. Well, that is all I can tell you about this. I hope that you will find it useful. Good bye!
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RealCool.BIZ Forum Index -> Finance -> Fundraising, Budgeting & Current Accounts

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