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Current account or current account may refer to.
Whats a current account. The current account is the difference between a country s savings and investments. If you use the current account switch service which you need to do to get the bonus this is done automatically and all payments in and out are moved across to the new account. You can t get the bonus if you have an existing hsbc account or have had one since 1 jan 2017 even if it s now closed. The component of a nation s balance of payments that includes the price of imports and exports investment income.
Current account balance of payments a country s balance of trade net of factor income and cash transfers current account banking a checking account held at a bank or other financial institution current account mortgage a type of flexible mortgage loan. A current account surplus is a positive current account balance indicating that a nation is a net lender to the rest of the world. The current and capital accounts are two components of a nation s balance of payments.
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