What is another name for a checking account?

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines, and electronic debits, among other methods.

What is another word for checking accounts?

What is another word for checking account?

current account savings account
account deposit account
bank account deposit
loan account joint account
funds

What is another word for bank account?

What is another word for bank account?

account checking account
deposit savings account
current account deposit account
funds joint account
loan account

What describes a checking account?

A checking account is a type of bank account that allows you to easily deposit and withdraw money for daily transactions. This may include depositing a check you receive, taking out cash with your debit card or setting up direct deposit for your paychecks.

What is a checking account called at a credit union?

Credit unions refer to checking accounts as share draft accounts. While it might not affect how you use the account, share draft accounts are a form of ownership. This means you are a partial owner of the credit union, while checking account owners are customers of banks.

What is another name for a savings account?

•Other relevant words: (noun)
bank account, nest egg, deposit account, current account.

Is checking account a current account?

What is a Current Account? Now, in many ways, the current account is virtually the same as a checking account in that it is an account that allows you to manage your finances. This type of account accepts deposits, and you can withdraw in a variety of ways.

What is another name for a cash account?

What is another word for cash account?

cashbook cash payment journal
cash receipts and payment journal cash receipts journal
daybook ledger
transaction ledger transaction register
waste book

What is the opposite of a savings account?

Dissaving is the opposite of saving. It means to spend above one’s income by dipping into savings, buying on credit, or borrowing money.