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The financial products Current accounts and deposit accounts A current account gives the customer instant access to his or her account. Most current accounts provide customers with a wide range of services for example the cheques as well as other services offered by the financial provider. A cheque which states the amount of money and the customers signature which is drawn by the banker to pay a certain amount of money to a specific person also known as the bearer. A cheque is an unconditional method of payment which depends on certain conditions which have to be met. The cheques must be written on with a pen, which the ink must be black and brown and must be signed by person paying the money. The only way the money will be paid is when it is has been presented to a bank. The sum of money must be presented in words...

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