Types of Bank Account - What Are the Different Types of Bank Accounts Available

Choosing the right bank account is important for your financial future. This article will help you decide whether you need a basic account, current account or a savings account.Basic Bank AccountA basic bank account will usually allow you to receive money and give you a cash card. You will probably be able to set up standing orders or direct debits to pay bills. It will often allow you to do business at the bank counter. It will probably allow you to use a cash machine to withdraw cash and check your balance. This type of bank account can be seen as a stepping stone to being able to open a current account.Current AccountA current account will allow you to receive money plus you get a cash or debit card. It will enable you to set up direct

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