Meaning of the word: Bank account
A bank account is a financial account in the bank. The Bank's clients have their money deposited in their bank account and they have access to them. There are classic accounts where the client draws from his own funds. There also are the credit cards, when client can use money from bank, so he lives on debt which is regularly paid.back to dictionary >
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Contractual penalty is a penalty that is listed directly in the contract between the client and the bank institutions. As for sanctions, the bank may…go to the dictionary >
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