Meaning of current account in English:

current account

Pronunciation

Translate current account into Spanish

noun

British
  • An account at a bank or building society from which money may be withdrawn without notice, typically an active account catering for frequent deposits and withdrawals by cheque.

    North American term checking account

    ‘The problem is that a bank current account is required to gain access to a number of money transmission systems.’
    • ‘Do you transfer money from your current account to a savings account regularly?’
    • ‘So it will be out with cheque books, current accounts and credit cards - where the company was a bit player.’
    • ‘Unfortunately, banks offering excellent current accounts, overdraft facilities, savings accounts and customer service are few and far between.’
    • ‘Offshore bank and building society savings accounts, interest-paying current accounts and bond funds are the primary targets under the new scheme.’
    • ‘Most offshore banks offer current accounts that provide you with a cheque book and chip and pin card as well as telephone and internet banking.’
    • ‘Roughly €39.6 billion is resting in deposit and current accounts, according to Central Bank figures.’
    • ‘Likewise, traditionally banks would offer current accounts, but these days most building societies offer them as well.’
    • ‘With a current account mortgage, your bank account, savings and mortgage are all with the same provider.’
    • ‘Instead I used ‘real money’ from our current account by paying with a debit card.’
    • ‘But you may still get more for your money by using a cashback credit card and a current account that pays a high interest rate.’
    • ‘It is very easy to let our money idle in traditional current accounts that earn us a pittance in interest.’
    • ‘If you prefer to keep some money in your current account, make sure it's earning all that it can by moving to a better account.’
    • ‘Nobody told them the capital account and the current account balance automatically if the exchange rate is free to float.’
    • ‘These include payment of interest on current accounts, portable credit history and an unbundling of banking services.’
    • ‘The credit balance in your current account offsets your mortgage debt, reducing your interest bill even more.’
    • ‘I have one credit card account, with the same bank as my current account.’
    • ‘This is probably because some banks have been offering current accounts with as much as 4 per cent interest.’
    • ‘Make sure you set up a direct debit from your current account to clear the balance every month.’
    • ‘I have two current accounts and a savings account.’
    bank account