A Current Account at a bank is the account by which a customer (this kind of account is mostly opened by businessmen) is able to maintain a higher number of regular transactions with the bank. Without given any notice, amount can be deposited and withdrawn at any time in the bank-working hour by using current account. It is also suitable for making payments to creditors by using cheques. Cheques received from customers can be deposited in this account for collection.
Current account is an account that shows international transactions involving currently produced goods and services.