Current a/c and saving bank a/c
This query is : Resolved
Guest
Guest
(Querist)
22 August 2013
Dear Sir
please explain me the difference between Current Bank a/c and SAving bank a/c
Benefits of Current bank a/c
please explain me the difference between Current Bank a/c and SAving bank a/c
Benefits of Current bank a/c
22 August 2013
Current bank a/c is opened for business entities.
Saving bank a/c is for personal individual a/c's and cannot be opened by business entities.
Saving bank a/c is for personal individual a/c's and cannot be opened by business entities.
Guest
Guest
(Querist)
23 August 2013
OKAY SIR , THANKS
but sir please make me clear
On whose name a/c be opened in the following cases ?
1. Individual doing business or profession
2. Partnership Firm doing business or profession
3. in case of HUF
but sir please make me clear
On whose name a/c be opened in the following cases ?
1. Individual doing business or profession
2. Partnership Firm doing business or profession
3. in case of HUF
23 August 2013
For current a/c- in name of business entity.
for savings a/c-in name individuals.
for savings a/c-in name individuals.
Guest
Guest
(Querist)
23 August 2013
Can I do Business with my Saving a/c ?
25 August 2013
If its a prop business then yes.
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