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  2. Looking to open a business bank account? 7 things you may ...

    www.aol.com/finance/looking-open-business-bank...

    Use a business savings account to build a contingency fund for emergencies or so that you can buy new equipment or expand your business later. Business savings accounts may have a higher minimum ...

  3. How To Open a Business Bank Account - AOL

    www.aol.com/finance/open-business-bank-account...

    Some banks allow you to open a business account online or by phone, whereas others require you to visit a physical branch. Either way, opening an account should be straightforward if you have all ...

  4. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the ...

  5. Demand deposit - Wikipedia

    en.wikipedia.org/wiki/Demand_deposit

    In the U.S., demand deposits only refer to funds held in checking accounts (or cheque offering accounts) other than NOW accounts; however, in a 1970s and 1980s response to the 1933 promulgation of Regulation Q in the U.S., demand deposits in some cases came to allow easier access to funds from other types of accounts (e.g. savings accounts and ...

  6. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    Subject to restrictions imposed by the terms and conditions of the account, the account holder (customer) retains the right to have the deposited money repaid on demand. The terms and conditions may specify the methods by which a customer may move money into or out of the account, e.g., by cheque, internet banking, EFTPOS or other channels.

  7. Cheque - Wikipedia

    en.wikipedia.org/wiki/Cheque

    A counter check is one that a bank issues to an account holder in person. This is typically done for customers who have opened a new account or have run out of personalized cheques. It may lack the usual security features. In the US, the terminology for a cheque historically varied with the type of financial institution on which it is drawn.

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