How many types of banking accounts? & What every account means ?
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How many types of banking accounts?
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Savings account
• Transactional account
• Joint account
• Low-cost account
• Time deposit / certificate of deposit
• Numbered bank account
• Negotiable Order of Withdrawal account
• Automatic transfer service account
• Money market deposit account
• Individual Savings Account
• Tax-Exempt Special Savings Account
• Transaction deposit
• Nostro and vostro accounts
• personal account
• Overdraft Free Account
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