Current Account (CA) definition
Current Account (CA). - 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. Currently ,the Bank is providing the following Schemes for various segments of customers under the current account category:
Current Account (CA) 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.
Examples of Current Account (CA) in a sentence
The term interest is automatically transferred to Customer's Current Account (CA) at the paying interest date.
Principal payment: - The total principal is automatically transferredlatest customer's Current Account (CA) one time at the maturity date (except that the Deposit contract is lost/damaged, the principal payment is processed as stated in the part 7 below).