Banking Details required

Ankit (C.A.-Student) (680 Points)

11 May 2010  


I want to know what is basic difference between Bank overdraft A/c, current a/c, cash credit?

Are there any other such kind of facility being provided by the banks. please discuss it.

Another point is that when we see bank statement in date column it shows TRANSACTION DATE & VALUE DATE.

What is the significance of these two cloumn as always i have seen dates same in these column?