Types of bank accounts

By |2025-02-12T09:06:21+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Types of bank accounts. Image credit bet.com Types of bank accounts. Image credit bet.com ZIMSEC O Level Commerce Notes: Money and Banking: Types of Bank Accounts

Savings accounts

  • Are used to keep the customer’s money safe.
  • Are suitable for small saves with regular incomes.
  • Have a low opening and minimum balance usually $0.
  • Withdrawals are […]