One of the facilities enjoyed by a current account holder...
One of the facilities enjoyed by a current account holder is?
a dividend
a bonus
an overdraft
interest on deposits
Correct answer is C
Current account holders have the privilege of enjoying the overdraft facilities because overdrafts are only allowed on current accounts.
An overdraft enables the customer to withdraw money more than the funds available in the account.
Credit in business transaction is? ...
Entrepot trade usually occurs in? ...
One major advantage of transportation to a business is to? ...
Fidelity guarantee is an insurance cover against loss arising from? ...
An agency that is involved in moving goods or people from place to place for a fee is called ...