Cc bank ac or current

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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?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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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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