“he moved his bank account to a new bank”
- Types:
- show 6 types...
- hide 6 types...
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giro account
an account at a post office that can be used in similar ways to an account at a bank
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checking account, chequing account, current account
a bank account against which the depositor can draw checks that are payable on demand
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savings account
a bank account that accumulates interest
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deposit account, time deposit account
a savings account in which the deposit is held for a fixed term or in which withdrawals can be made only after giving notice or with loss of interest
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dormant account
a savings account showing no activity (other than posting interest) for some specified period
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passbook savings account
a savings account in which deposits and withdrawals are recorded in the depositor's passbook
- Type of:
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account, business relationship
a formal contractual relationship established to provide for regular banking or brokerage or business services
