Current accounts offer businesses a convenient way to handle their regular financial transactions. They provide features such as checkbook facilities, debit cards, and online banking access, allowing businesses to make payments, receive funds, and carry out transactions smoothly.
Current accounts provide regular account statements that detail the transactions, balances, and other relevant information. These statements are crucial for businesses to monitor their financial activities, reconcile accounts, and maintain accurate records for auditing, taxation, and financial analysis purposes.