- Current accounts can be used to transfer salaries.
- Funds can be held in these accounts in various currencies like USD, GBP, Euro, AED, etc.
- These accounts too come with international ATM and debit cards and chequebooks.
- The account can be opened by individuals or by proprietorship firms, companies or other such groups of individuals.
- These accounts also provide overdraft facilities that can be availed after the bank has been informed of it.
- They will also allow you to create standing instructions to take care of transactions that need to be conducted on specific dates.
- Some banks may require that you maintain a minimum balance in your current accounts while others may not.
