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 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;

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).

Examples of Current Account in a sentence

• BANKING DETAILSName of Banking Institution: NedbankBranch: Newtown Junction– JohannesburgBranch Code: 198765Name of Account Holder: City Engineers Current Account Number: 110 782 1185Should a bank deposit be made, a copy of the deposit slip as proof of payment must be faxed to 031-311-7718 for the urgent attention of the Contracts Administrator.

• The repatriation is governed by the provisions of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, as amended from time to time.

• The funds settlement of members is achieved by multilateral netting of the funds position in Triparty Repo with the funds position in Outright and Market Repo and settling in the books of RBI for members who maintain an RBI Current Account.

• Exchange rates can fluctuate and they may change between the time a Transaction is made and the time it is deducted from your Current Account.

• The Card can only be linked to the Current Account for which it was issued.

More Definitions of Current Account

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;

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