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Types of bank accounts and their legal regime characteristics

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Author:Bychkov Alexander Igorevich
Category:Business & MoneyLaw & Legal
ISBN:978-5-9998-0442-6
Bank accounts form the basis of the entire non-cash payment system, allowing for increased capital turnover and reduced costs for participants in civil circulation associated with a decrease in the volume of cash transactions. The wide variety of existing bank accounts that a participant in civil circulation can open at a credit institution is determined by their functional purpose and the features of the legal regime, which allow for the performance of all or only a certain set of banking operations. Taking into account their needs and goals in participating in various transactions and processes, citizens and entrepreneurs can choose the bank accounts that best suit them in a specific situation. Depending on the type and purpose of the account, bank accounts can be conditionally classified into a group of accounts used to increase savings, or a group of special accounts used to accumulate funds for subsequent settlement of a monetary obligation.
Author:
Author:Bychkov Alexander Igorevich
Category:
  • Category:Business & Money
  • Category:Law & Legal
Publication language:
Publication Language:Russian
Paper:
Paper:offset
Dimensions:
Dimensions:21x14x.5 cm
ISBN:
ISBN:978-5-9998-0442-6

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