Features of Current Bank Account

The main features of current account are as follows:-

1. The main objective of current bank account is to enable the businessmen to conduct their business transactions smoothly.
2. There is no restriction on the number and amount of deposits. There is also no restriction on the withdrawals.
3. Generally bank does not pay any interest on current account. Nowadays, some banks do pay interest on current accounts.
4. Current account is of continuing nature and as such there is no fixed period.