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Running and current account



 
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Running and current account Fri Apr 16, 2004 19:47 pm  Running and current account
 

Hello! Could you tell me the difference between the "current" and "running" account? Thank you
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Running account vs current account Wed Jun 09, 2004 12:36 pm  Running account vs current account
 

As far as I know, a running account is an arrangement you make with a firm, store or business so that you can buy goods as and when and then you agree settlement dates but the current account is with a bank into which are paid salary, wages, pensions or whatever on a regular basis and which entitles the holder to have a cheque book and card.
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Running account vs current account Fri Jun 11, 2004 10:49 am  Running account vs current account
 

many thanks, Alan
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