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23
Oct

What Are Checking Accounts?

Posted by Susan Mitchell (0) Comment

Checking accounts are one of the services provided by most commercial banks. The reason why they are
so named is because unlike a savings account, a checking account owner does not need to withdraw money and pay with cash rather he can write a check to pay for the goods. Another name for checking accounts is current account (a
term mostly used in the UK)

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Category : Online Banking | Blog