IDEAS home Printed from https://ideas.repec.org/a/cmj/interc/y2014i30p274-280.html
   My bibliography  Save this article

The Specific Of The Current Account In Relation To The Customer

Author

Listed:
  • Rodica Mariana Tarlea

    (Dimitrie Cantemir Christian University, Bucharest, Faculty of Economic Sciences Cluj-Napoca)

Abstract

To initiate a relationships with the bank, any customer, individual or legal entity must open a current account with the bank. Opening a bank current account implies an account agreement, concluded in writing by mutual consent. Based on this agreement the current account is opened, which will be the intermediary for performing all transactions between customers and the bank, with the exceptions resulting from the express will of the parties, which are usually those concerning bank loans. The specific of this account is that all incoming operations shall guaranteeone another and shall merge to createthe balancewhilethe closing of the account is done in concrete terms agreed in the contract.

Suggested Citation

  • Rodica Mariana Tarlea, 2014. "The Specific Of The Current Account In Relation To The Customer," Management Intercultural, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 30, pages 274-280, April.
  • Handle: RePEc:cmj:interc:y:2014:i:30:p:274-280
    as

    Download full text from publisher

    File URL: http://www.mi.bxb.ro/Articol/MI_30_29.pdf
    Download Restriction: no

    More about this item

    Keywords

    current account; current account contract; operations; Current account opening; current account closing; bank fees;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:interc:y:2014:i:30:p:274-280. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Serghie Dan). General contact details of provider: http://bxb.ro/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.