Get premium membership and access revision papers with marking schemes, video lessons and live classes.
Processing. Please wait.

 KCSE business studies paper 1 revision questions and answers set 4

Highlight four merits of current account to the account holder

 (1m 47s)
389 Views     SHARE

Download as pdf file

Answer Text:
-One enjoys bank overdraft facilities
-No minimum balance is required to be maintained in the account
-Withdrawals can be done any time
-Cheques can be used to make payments
-Periodic statements can be provided on demand
-no restrictions on the amount of withdrawals