Definition of Interest-bearing current account - Finance dictionary
Interest-bearing current account(See Chapter 46 of the Vernimmen)
An interest-bearing current account is the simplest way to earn interest on cash. Nevertheless interest paid by banks on such accounts is usually significantly lower than what the money market offers.
Interest-bearing current account(See Chapter 46 of the Vernimmen)
An interest-bearing current account is the simplest way to earn interest on cash. Nevertheless interest paid by banks on such accounts is usually significantly lower than what the money market offers.
Interest-bearing current account(See Chapter 46 of the Vernimmen)
An interest-bearing current account is the simplest way to earn interest on cash. Nevertheless interest paid by banks on such accounts is usually significantly lower than what the money market offers.