Types of bank accounts

By |2022-09-15T12:43:37+02:00January 24th, 2023|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 […]