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Types of bank accounts, options depending on your goals and intentions

Interesting

Interesting

New Member
Whenever we use the term 'bank account' to mean an account where we can deposit and/or withdraw money, we are generally talking about deposit accounts. 'Deposit account' is a general name for all accounts that can be used to easily deposit and/or withdraw money. However, there are several different types of deposit account, each with its own pros and cons and each serving a specific purpose.
Types of bank accounts:
Merchant accounts
Checking account
Escrow accounts
Investment accounts
Savings accounts
Trading accounts


http://www.confiduss.com/en/banks/account/
 

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