Current Account definition

Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.
Current Account means a form of non-interest bearing demand deposit where from withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount. and shall also be deemed to include other deposit accounts which are neither Savings Deposit nor Term Deposit;
Current Account means the Islamic current account(s), structured on the concept of Qard as per rules and Principles of Islamic Shari’a opened and maintained by the Customer (lender) with the Bank (borrower).

Examples of Current Account in a sentence

  • Most of our Personal Current Account customers are covered by this scheme.

  • Online Banking When you open a Personal Current Account with us, we'll ask you if you want to register for to Online Banking.

  • When you open a Personal Current Account with us, we will ask you if you want to sign up to Text Message Services.


More Definitions of Current Account

Current Account means an account, in accordance with the terms set out in clause
Current Account means current account( s) opened and maintained by Members and/or Clearing Corporation with the Deposit Accounts Department of RBI or with a Settlement Bank.
Current Account means the Singapore Dollar current account opened and maintained by MAS for the Specified Institution pursuant to Clause 2.3 hereunder;
Current Account means a current account that a participant shall open with MAS for maintaining cash balances; “Custody Cash Account” means a Singapore dollar account opened and maintained by MAS for a participant, in accordance with the “Terms and Conditions Governing the Operation of the Custody Cash Account of the Specified Institution”;
Current Account means an account, in accordance with the terms set out in clause 9.3 of these Terms and Conditions;
Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or upto a particular agreed amount and shall also be deemed to include other deposit accounts which are neither Savings Deposit nor Term Deposit;
Current Account means any current account maintained with the bank, which are opened in the name of an individual or a sole proprietorship.