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Intercontinental Staff Plc: Savings Or Current Acct Which 1 Do U Advice? - Career - Nairaland

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Intercontinental Staff Plc: Savings Or Current Acct Which 1 Do U Advice? by cbjonstage(m): 4:56pm On Jan 07, 2009
For a new customer to open acct wit ur bank, which of these do u advice one who earns between 30 - 50 or 90k per month?
ur comments are welcome + other detail info as per requirement.
pls kindly state disadvantage & advantage.
Re: Intercontinental Staff Plc: Savings Or Current Acct Which 1 Do U Advice? by ADEIFEOLUW: 7:46pm On Jan 07, 2009
cbjonstage,

as d name implies, savings account is an account opened 4 d purpose of keeping funds so as 2 accumulate while not withdrawing on it. Withdrawals can be made but usually its 4 keeping funds which one does not intend using in a while. U must be physically present 2 make withdrawals. Current account gives u an advantage of giving someone a cheque 2 withdraw on ur behalf. The Bank charges COT on each withdrawl U made either directly or indirectly. u will need 2 reference forms by current account holders in a bank for it 2 be opened 2. The references will be verified suitable by Interconntinental Bank. There are other documents involved. For more, visit: www.intercontinentalbankplc.com for more details.

rgds
Re: Intercontinental Staff Plc: Savings Or Current Acct Which 1 Do U Advice? by cbjonstage(m): 10:07am On Jan 08, 2009
the site u referred me to is enough ! thanks
cbjonstage is a friend of mine and owns d account on nairaland

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