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Current Acount Vs Savings Acount - Business - Nairaland

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Current Acount Vs Savings Acount by nnemmpi(m): 12:25pm On Jul 29, 2012
pls my fellow niraland let us discus the advantages and disadvantages of both acount holder in nigeria banking industry.overdraft those it exist?l
Re: Current Acount Vs Savings Acount by kaysy(m): 4:31pm On Jul 29, 2012
Visit your nearest branch for more info

Well different banks with their different policies

GTBank Current Account:
Pays a COT for every fund moving out of the account... For Savings Account, No COT charge
Ability to transfer funds to other bank accounts... For Savings Account, Can't transfer to other banks
Issuance of cheque book...For Savings Account, No cheque book issued

"Both account have unlimited amount u can keep in it... i.e You can have up to $100trillion dollar in it... "Joke"
Re: Current Acount Vs Savings Acount by nnemmpi(m): 6:03pm On Jul 29, 2012
sir what is the meaning of cot?i lent that i be paying service charges on my acount.pls sir explain more:

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