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What are the 2 types of account?

3 Different types of accounts in accounting are Real, Personal and Nominal Account. Real account is then classified in two subcategories Intangible real account, Tangible real account. Also, three different sub-types of Personal account are Natural, Representative and Artificial.

Can you block someone from debiting your account?

Tips. It is possible to block debit card transactions. This can be done by visiting your local bank, using the banks online portal or by calling the bank by phone.

What are the 4 types of current account?

Read more Current Account Minimum Balance here. Packaged Current Account: The Packaged Current Account is one of those types of Current Account, which is in between the premium account and standard Current Account. Foreign Currency Account : Single Column Cash Book :

What are the requirements for current account?

Individual documentation: (Identity Proof - anyone of the following documents) PAN Card. Driving Licence. Passport. ID cards issued central state govt. Passbook scheduled commercial bank. Marriage certificate. Voters ID card. Aadhar Card.

What are the 4 types of accounts?

What Are Four Types of Bank Accounts? Checking Account. Think of a checking account is as your everyday account. Its a place to keep the money you use to pay your bills or cover everyday expenses. Savings Account. Money Market Account. Certificate of Deposit (CD)

How do I block access to my bank account?

Method 1 Dial *901*911# on any phone and follow these easy steps: Dial *901*911# Select Option 2 (Block Account) Select Self or Third party for others. Enter the phone number linked to the account. Select the Account you want to block. Enter your USSD PIN.

What are account terms and conditions?

Account Terms and Conditions means the terms and conditions governing the accounts maintained with the Bank and the basic banking and financial services which the Bank may provide from time to time, including the Conditions for Services of the Bank; Sample 1Sample 2Sample 3.

What is account term?

Term accounts allow you to enter into a contract with a financial institution to receive a higher rate of return, or interest, on your money than you would in a savings account.

What are 3 features of a current account?

Features of Current Bank Account It is a non-interest bearing bank account. It needs a higher minimum balance to be maintained as compared to the savings account. Penalty is charged if minimum balance is not maintained in the current account. It charges interest on the short-term funds borrowed from the bank.

What are the five features of current account?

Top 5 Features of Current Accounts for Businesses Distinguishes business dealings from personal financial dealings. Establishes creditworthiness. Overdraft facility. Adds to business competence. No limit on transactions.

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What are the 2 types of account?

Can you block someone from debiting your account?

What are the 4 types of current account?

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How do I block access to my bank account?

What are account terms and conditions?

What is account term?

What are 3 features of a current account?

What are the five features of current account?

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Get the up-to-date account terms conditions 2024 now

Here's how it works

The best way to modify Account terms conditions online

Complete this form in 5 minutes or less

Got questions?

What are the 2 types of account?

Can you block someone from debiting your account?

What are the 4 types of current account?

What are the requirements for current account?

What are the 4 types of accounts?

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How do I block access to my bank account?

What are account terms and conditions?

What is account term?

What are 3 features of a current account?

What are the five features of current account?

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