Question

Which type of account typically has very high liquidity, low or no interest, and low minimum balance

Answer 1

Current Account typically has very high liquidity, low or no interest, and low minimum balance. There are three types of customer bank account that used for saving money in the bank. These types of account are the current account, the saving account, and the deposit account. The current account has the lowest interest than the others because usually, it used for daily operational.