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Related Definitions
The Current Account of the BOP The current account refers to a portion of a country's balance of payments. It records all transactions involving the exchange of products, services, income, and current transfers...
Overdraft on Current Account An overdraft allows to borrow money for a short period of time through current account. So, it is a credit facility for a current account customer.
Current Accounts A Current Account at a bank is the account by which a customer (most of businessman) is able to maintain a higher number of...