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Outline five reasons why banks current account is popular with traders

      

Outline five reasons why banks current account is popular with traders

  

Answers


Davis
- The traders can withdraw money at nay time without notice
- Cheques are used for payments instead of cash
- Traders can arrange for overdrafts facilities with the management of
the Bank
- The bank can pay on behalf of the trades such as standing orders
- There is no minimum balance required in the account
- Purchases can be made post dated cheques
Githiari answered the question on September 22, 2017 at 10:19


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