Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Install
Faster access than browser!
 

Deposit account and Transaction account

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Deposit account and Transaction account

Deposit account vs. Transaction account

A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder. A transaction account, checking account, current account, demand deposit account, or share draft account (at credit unions) is a deposit account held at a bank or other financial institution.

Similarities between Deposit account and Transaction account

Deposit account and Transaction account have 5 things in common (in Unionpedia): Cheque, Money, Negotiable order of withdrawal account, Savings account, United States.

Cheque

A cheque, or check (American English; see spelling differences), is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

Cheque and Deposit account · Cheque and Transaction account · See more »

Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

Deposit account and Money · Money and Transaction account · See more »

Negotiable order of withdrawal account

In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest, on which an unlimited number of checks may be written.

Deposit account and Negotiable order of withdrawal account · Negotiable order of withdrawal account and Transaction account · See more »

Savings account

A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque).

Deposit account and Savings account · Savings account and Transaction account · See more »

United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

Deposit account and United States · Transaction account and United States · See more »

The list above answers the following questions

Deposit account and Transaction account Comparison

Deposit account has 26 relations, while Transaction account has 67. As they have in common 5, the Jaccard index is 5.38% = 5 / (26 + 67).

References

This article shows the relationship between Deposit account and Transaction account. To access each article from which the information was extracted, please visit:

Hey! We are on Facebook now! »