THE SPECIFIC OF THE CURRENT ACCOUNT IN RELATION TO THE CUSTOMER

Rodica Mariana Tarlea
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Rodica Mariana Tarlea: Dimitrie Cantemir Christian University, Bucharest, Faculty of Economic Sciences Cluj-Napoca

Management Intercultural, 2014, issue 30, 274-280

Abstract: To initiate a relationships with the bank, any customer, individual or legal entity must open a current account with the bank. Opening a bank current account implies an account agreement, concluded in writing by mutual consent. Based on this agreement the current account is opened, which will be the intermediary for performing all transactions between customers and the bank, with the exceptions resulting from the express will of the parties, which are usually those concerning bank loans. The specific of this account is that all incoming operations shall guaranteeone another and shall merge to createthe balancewhilethe closing of the account is done in concrete terms agreed in the contract.

Keywords: current account; current account contract; operations; Current account opening; current account closing; bank fees (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2014
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