Current Account Savings Account

Business, Legal & Accounting Glossary

Definition: Current Account Savings Account


Current Account Savings Account

Quick Summary of Current Account Savings Account


Account that attempts to combine checking and savings accounts into one as a means to lure customers into keeping their money in the bank. The current portion of the account offers no return and the savings account portion offers an above-average return. These accounts are often free but can be fee-based depending on the account balance. These accounts are most prevalent in middle and southeast Asia.




Synonyms For Current Account Savings Account


CASA


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March 04, 2025 https://payrollheaven.com/define/current-account-savings-account/.
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Current Account Savings Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/current-account-savings-account/ (accessed: March 04, 2025).
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Current Account Savings Account. PayrollHeaven.com. Retrieved March 04, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/current-account-savings-account/

Definition Sources


Definitions for Current Account Savings Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.