What is bank account?

A bank account is a monetary account with a banking institution recording the balance of money for a customer. Bank account may have a positive or credit balance where the bank holds money on behalf of the customer; or a negative or debit balance where the customer owes money to the bank. Broadly speaking, accounts opened with the purpose of holding credit balances are referred to as deposit accounts, whilst accounts opened with the purpose of holding debit balances are referred to as loan accounts. Some accounts are defined by their function rather than nature of the balance they hold. Bank accounts designed to process large numbers of transactions may offer credit and debit facilities and therefore do not sit easily with a polarised definition. These transactional accounts are called by different names in different countries: in the U.S. and Canada, they are checking accounts, in the UK current accounts.

S.I.B.A Consulting is a consulting International Swiss Investment Bank Account opening

What is bank account?
What is an offshore bank?
What is an offshore bank account?

Who can legally open and hold an offshore account?
Where should an offshore account be established?
Who can benefit by putting their money offshore?
Is it convenient to use offshore banks?
What are some of the general advantages of banking offshore?
Do I have to pay income tax on income I've earned offshore?
 

Is there any restrictions regarding citizenship?
How do I open and access an offshore bank account?
In which currencies can I open offshore account?
What is the minimum deposit required to open an offshore account?
What documents are required for the opening of a bank account?
How long does it take to open a bank account?
Who will control my bank account?
Is my bank account guaranteed when I pay your fee?
What happens, if a bank declines my account application?
 

Is offshore banking safe?
Am I guaranteed absolute privacy and confidentiality from an offshore bank?
Can I view my offshore accounts and investments online?
Can I get cards to access my money with an offshore account?
 

What is saving account?
What is deposit account?
What is current account?
What is numbered account?
What is bank secrecy?
What is private banking?