What is a Current Account? A Current Account is a type of deposit account into which account holders can deposit and withdraw funds. Here are a few common characteristics of Current Accounts – ▪ Current Account usually allow unlimited number of deposits and withdrawals. This is to cater to business accounts which require such a facility. ▪ Current Accounts provide cheque facilities. Again, this is to cater to the needs of businesses that are required to cheque payments. ▪ Current Accounts, with a very few exceptions, do not provide any interest earnings. What are the Current Account products offered by banks in Bahrain? Let's look at a few Current Account product examples – ▪ The Current Account from Citibank offers unlimited checking with your own personalized checkbook, a range of major currencies with which to open the account, a free Debit Card, digital banking, phone banking, worldwide remittances and zero bank charges provided that an average monthly balance of BD 500 or
Bahrain Banking
All information about Banks in Bahrain.