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What is difference between rms current & peak current?

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Question added by sainu dillesh
Date Posted: 2017/03/05
Mohamed Abdelfattah
by Mohamed Abdelfattah , Chief accountant , Dabur Egypt Limited

Saving account is suitable for saving persons money to fulfill thier future need which also applicable for intrest but and persomn is not able to withdraw any amount for any time current account is suitable for daily operations

abdelhadi sabba
by abdelhadi sabba , ingenieur d'état en statistique , office nationale de meteorologie

A savings account is a savings account that can not be used in a particular activity but should not have a current account without a specified age. The current account is in which the transactions are in progress and the specific age for participation (the age of majority).

mohammad naeem a minhas
by mohammad naeem a minhas , Assistant Manager , Kuwait Finance House

current account has no profit and saving account has profit

Deleted user
by Deleted user

No profit in current account but saving account has some profit

Deleted user
by Deleted user

Saving is higher interest and for long term

umar farooq
by umar farooq , internee , MCB Bank

in saving account you can earn some interest and also a limit on withdrawn but in current account you cannot get additional from bank and also no limit on withdrawn in specific

fakhrey alam siddiqui
by fakhrey alam siddiqui , Account manager , Shiv shakti conbuild pvt.ltd

current a/c is used by company & firm & bank charge in these a/c but saving is use by indivisual and bank pay intrest on saving

Abdalla Ahmed
by Abdalla Ahmed , Deputy Manager , Central Bank of Sudan

Saving account is timely account, can not be withdraw only after definite period or time .But current account is a deposit account that can be withdrawn at any time

Raja Maraj Manshad
by Raja Maraj Manshad , Salesman , Unilever - United Kingdom

SAVING ACCOUNT-A saving account will enable you to receive interest gains on your deposit every month, with no maturity date such as a fix deposit investment. like a CURRENT ACCOUNT you will be able to withdraw cash when ever you need it using your ATM , debit or charge card with the absence of a check book.

nkwah felix funwi
by nkwah felix funwi , lecturer , university of bamenda

s/A earns interest while a current account does not

Current account is that which has no profit while saving account has some profit.

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