Cc bank ac or current
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 March 2016
sir
i am running my shop as a proprietor . i have bank current account for business transactions for last 15 years.now same bank provide me cc limit (5 lacs).
my query is -
please guide me in future should i continue to make transactions from present current account as i have 15 years accounts record in that ac . (by first transfer money from cc ac to current ac) or transact direct from cc or close current account. which system will be better?
i am running my shop as a proprietor . i have bank current account for business transactions for last 15 years.now same bank provide me cc limit (5 lacs).
my query is -
please guide me in future should i continue to make transactions from present current account as i have 15 years accounts record in that ac . (by first transfer money from cc ac to current ac) or transact direct from cc or close current account. which system will be better?
03 March 2016
Close current AC and transact through cc AC is the better option. If you want you can continue with current AC and transfer funds to/from cc AC.
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