Thursday, December 15, 2011

Are the current account and the current balance the same thing?

If not, what's the difference? :)|||No, these two are the two different things.


Current Account is the special account which can be opened by a business man only with a Bank on which the businessman can also get the overdraft as according to his transactions with the bank.





whereas,


Current Balance is the balance of your account at the current moment.





Hope so, now it is clear to you.|||The current balance is the balance (amount of money you have) of the account you are looking at.

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