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7 June, 14:34

What is a transaction account?

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  1. 7 June, 14:50
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    A transaction account, checking account, or demand deposit account is a deposit account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct.

    Tldr : Deposit account - where you take money and store money type of account
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