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Corporate user vs retail user

Others 11818 views 1 replies

Please anyone explain

IN NET BANKING, WHAT IS THE DIFFERENCE BETWEEN CORPORATE USER VS RETAIL USER ?

IS CURRENT BANK ACCOUNT ALWAYS A CORPORATE USER? 

Replies (1)

"IS CURRENT BANK ACCOUNT ALWAYS A CORPORATE USER? "

Not necessarily.

Its catagotized on  high volume or low volume transactions.

Generally small traders or individuals or such professionals are catagotized under retail cusomers.

But companies or cusomers having heavy trabsaction volumes in frequency as well as value are put under corporate user.
 


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