BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines (ATMs), and electronic debits, among other methods.

Detailed explanation-2: -A checking account is a type of bank account that allows both withdrawals and deposits. These accounts can be accessed in several ways, including checks, debit cards, and ATMs and can be opened with no minimum deposit or for a small minimum deposit, depending on the type of account.

Detailed explanation-3: -In banking, the account balance is the amount of money you have available in your checking or savings account. Your account balance is the net amount available to you after all deposits and credits have been balanced with any charges or debits.

Detailed explanation-4: -PIN-Based Debit Card Purchase Transactions. These transactions are similar to ATM withdrawal transactions because the money is usually deducted from your account immediately at the time of the transaction. However, depending on the merchant, a PIN-based transaction may not always be immediately presented for payment.