BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Checking account – A bank account from which payments can be ordered by a depositor. To open a checking account, the customer must sign a signature card for the bank records.

Detailed explanation-2: -A checking account might be just what you’re looking for. It’s a bank account used for everyday deposits and withdrawals-that means putting money into your account, taking it out or using your debit card in the place of cash.

Detailed explanation-3: -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-4: -A debit card looks like a credit card but works like an electronic check. Why? Because the payment is deducted directly from a checking or savings account.

Detailed explanation-5: -You write paper checks, withdraw money from an automated teller machine (ATM), or pay with a check card. Your paycheck might go by “direct deposit” into your account, or you might deposit checks at a bank’s teller window or ATM.