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 wherefrom 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

• This fixed monthly charge is debited in sterling from your sterling Current Account.

• The Cardholder should be notified of this fee at the time of withdrawal and the amount of the fee will be added to the withdrawal amount and debited to your Current Account.

• Where your Currency Account is able to make and receive electronic payments (for example, where your Currency Account is a Current Account) all such payments will be made and received via SWIFT or SEPA credit transfer.

• We will debit from your Current Account the amount of each transaction made by use of a Card or Card number and all other amounts due to us under these Terms.

• You may transfer money between Currency Accounts denominated in the same currency (for example, you are able to transfer funds from a Current Account denominated in euro to a Notice Account denominated in euro).

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.