Current Account
- Created by: DeniseAlex1910
- Created on: 10-01-18 00:52
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- Current Account
- Types of Account
- Standard Account
- No charges on credit balance
- Potential high charges on use of overdraft
- Student Account
- Course fees and loans can easily be budgeted
- Charges for overspending are very high
- Basic Account
- Available to costumers with low credit rating
- Limited features
- Premium Account
- No charges on credit balance
- Monthly charge is applied
- Standard Account
- Features of Current Accounts
- Interest on positive balance
- Money will be given to the account owner as a reward for keeping their money in the account but only a small percentage
- Overdraft Limit
- Account has a set amount of money in which can be withdrawn from the account in case account has no money and no charge is put
- Charge on unauthorised overdraft
- Some money has to be payed as overdraft has been passed and more money was used than it should have
- Interest on positive balance
- Types of Account
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