A current account is one in which businesses keep some money and use it for their day to day transactions. The money in this account does not earn any interest and is available for usage to the...
A Savings Bank Account is the basic type of bank account where customers can park or save their surplus cash. The money in the account is extremely liquid and can be withdrawn by the customer anytime...
The differences are: Savings account earn higher interest than current accounts There are limits on number of transactions per year in a savings account but there are no such limits for current...