The Specific Of The Current Account In Relation To The Customer
The Specific Of The Current Account In Relation To The Customer
Author(s): Mariana Rodica ŢÎRLEA Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: current account; current account contract; operations; Current account opening; current account closing; bank fees
Summary/Abstract: To initiate a relationships with the bank, any customer, individual or legal entity must open a current account with the bank. Opening a bank current account implies an account agreement, concluded in writing by mutual consent. Based on this agreement the current account is opened, which will be the intermediary for performing all transactions between customers and the bank, with the exceptions resulting from the express will of the parties, which are usually those concerning bank loans. The specific of this account is that all incoming operations shall guaranteeone another and shall merge to createthe balancewhilethe closing of the account is done in concrete terms agreed in the contract.
Journal: Management Intercultural
- Issue Year: 2014
- Issue No: 30
- Page Range: 274-280
- Page Count: 7
- Language: Romanian