Which is an advantage of using a checking account

Benefits of a checking account

Current accounts offer the client access to all the benefits that a bank can offer (such as loans, mortgages, plans and pensions, and promotions).

On the other hand, the checking account serves as a deposit and as a cash service. It fulfills double function since it is a means of payment through checks and credit or debit cards

The use of the bank check, through which we can transfer money to third parties. It represents an advantage because it allows us to pay for certain goods and services without having to have the money immediately, and it can also quietly be a form of financing by obtaining a document discount loan

Current accounts usually allow payroll to be domiciled (that is, the automatic entry of the money we receive in salary), to direct payments for services and taxes and to make transfers and transfers

The current account has associated certain products such as insurance, pension plans and investment funds

It is common for financial companies to offer their services through the Internet, which facilitates access to our account and speeds up operations by improving access to our finances.

d: social contract theory