What Is a Checking Account? – FinanciaRUL

This video will outline what a check account is and give you more details. This video will cover everything that you need to know about checking accounts.

The checking account you have allows you to write checks to move money easily between accounts. The funds will flow into and out of checking accounts and the amount in your checking account will be your highest amount that you are able to transfer to others. The money can be used purchase services or goods, just as cash. It provides convenience and security as you don’t have the need to carry cash around, and can also help you budget if you write out your cash prior to making the purchase in order to determine the amount you’ll spend. h5k6w5k8hv.