Current Account definition

Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and shall also be deemed to include other deposit accounts which are neither Savings Deposit nor Term Deposit;

Current Account means a form of non-interest bearing demand deposit where from withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount. and shall also be deemed to include other deposit accounts which are neither Savings Deposit nor Term Deposit;

Examples of Current Account in a sentence

• The project charter planning document expressed a desire for the application to drive an increase in the Current Account Saving Account (CASA) by USD 1.3 billion.

• See Moreno, 2008, “Experiences with Current Account Deficits in Southeast Asia” in Current Account and External Financing, eds: Cowan, K., S.

• India has had rapid growth despite the Great Recession.● Current Account Deficit (CAD) and fiscal deficit: India's CAD increased from 1.9% of GDP in 2017-18 to 2.6% of GDP in 2018 (April-December).

• I understand and agree that the insurance cover under the Group Policy is available only against one SVC Bank account and in case member has multiple accounts (including Savings or Salary or Current Account) in the bank either singly, jointly, corporate, etc., the cover cannot be availed more than once.

• Current Account Deficit (or Surplus) measures the gap between the money received into and sent out of the country on the trade of goods and services and also the transfer of money from domestically-owned factors of production abroad.

More Definitions of Current Account

Current Account means the Islamic current account(s), structured on the concept of Qard as per rules and Principles of Islamic Shari’a opened and maintained by the Customer (lender) with the Bank (borrower).

Current Account means an account, in accordance with the terms set out in clause

Current Account means the Singapore Dollar current account opened and maintained by MAS for the Specified Institution pursuant to Clause 2.3 hereunder;

Current Account means current account( s) opened and maintained by Members and/or Clearing Corporation with the Deposit Accounts Department of RBI or with a Settlement Bank.

Current Account means a current account that a participant shall open with MAS for maintaining cash balances; “Custody Cash Account” means a Singapore dollar account opened and maintained by MAS for a participant, in accordance with the “Terms and Conditions Governing the Operation of the Custody Cash Account of the Specified Institution”;

Current Account means any current account maintained with the bank, which are opened in the name of an individual or a sole proprietorship.

Current Account means a current account that a participant shall open with MAS for maintaining cash balances;