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About Current Accounts
Most adults in the UK have a bank account as a home
for money that will be needed immediately, for example
to pay household bills. For this purpose, many people
in the UK have a bank account with a cheque book and/or
a debit card that can be used to pay money immediately.
Most current accounts pay little or no interest and
levy charges for their services, although some do now
pay interest, even on relatively low balances. Essentially,
a current account is merely a secure and convenient
place to store cash.
Cash can be withdrawn at any time without notice.
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