Answer
Checking Account
Explanation
A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.With a checking account, you can deposit money in the bank. Then when you are ready to spend some of it, you write a check. It is a good account because it Provides Proof of Payment. Checks provide a paper trail or written proof that you paid someone thus providing more security. You can also make payments easily and no transaction limits.
