Today's article is for those who want to open a current Account in the bank or have opened a current account or want to get some ideas about the current account. So let us know about current account in detail.

 What is the current account?

 Current account (Curren: account) English term, remains in Arabic السحاب الجاري And jari account in Bengali. No interest or profit is earned on the money kept in this account. Instead, the bank has to pay service charges. The money deposited in the account can be withdrawn at any time without any obligation.

 Analysis:

 The account in which money can be deposited and withdrawn daily during the bank's office hours is called a current account. In the beginning, the account has to be opened by depositing a certain amount of money. As per the bank policy and oral commentary of the authority, the bank does not invest the money deposited in the said account. (The reality does not support their claim). Banks open different types of accounts according to people's profession, needs and preferences. People take their due account considering the pros and cons.

 Following are some important aspects of current account in various banks:

1. This account can be opened in the name of any person, organization or organization.

 2. This account has to be opened by depositing a certain amount of money.

 3. It is possible to deposit money as many times a day from the current account and withdraw money through cheque.

 4. No interest is paid on it.

 5. According to the authorities, the bank does not invest the money in the said account.

 Method of opening current account. 

 There are some differences in the rules of different banks for opening different types of accounts. For example, most banks have the following rules for opening a current account.

 1. Collecting and filling the application form First of all, the application form must be collected from the bank and filled correctly.

 2. Name, address, profession etc. must be mentioned along with the signature of an identity donor who already has an account in the bank at the specified place in the identification application form.

4. Submission The application form has to be submitted to the manager of the bank along with the required documents.

 5. Fill out sample signature card. The bank collects three signatures as samples on a card.

 6. Collection of deposit receipts and initial deposit then deposit the initial deposit amount through bank card as per his credit.

 7. Acceptance of Check Book Then the bank issues the check book in the name of the customer. A check is a paper document for withdrawing money deposited as a bank. Below is a sample of check book,

 Benefits of Current Account

1.  A current account is always suitable for multiple transactions.
2.  Mainly various firms, companies, public enterprises, business organizations use current account.
3.  No interest is paid by the bank for freedom of current account.
4.  Maximum security is ensured in cash transactions.
5.  Current account does not have any transaction limit.
6.  The customer can collect and pay checks, bills, drafts etc. within the current account.

 Disadvantages of Current Account

1.  A certain amount of charge is deducted annually.
2.  Deposits do not earn any interest.
3.  It is better to open this account for lower and middle class.
4.  Opening a current account requires many formalities which are not required for other accounts.

Provision of keeping money in current account

 Although according to the bank policy and the authority's claim, there is no interest or any other illegal matter in this account, but the reality is different. Because no money is left in the bank. Rather, somehow they use this money through various interest rates. Moreover, keeping money in it means engaging in obvious usurious activities and using an institution founded on usurious money for one's own purposes. Therefore, it will not be permissible to keep money in the current account under normal conditions. However, for those whose money is not safe without a bank, it will be permissible to keep money in this account for the sake of security, considering the needy and indigent situation. But if they are able to keep it in the locker account, then keep it in the locker account. Even if it is not possible to keep it in a bank with an Islamic name. If possible, keep it in a non-profit account in an Islamic named bank. If that is not possible, keep the interest in the locker account of the bank. If that is not possible then keep it in the current account.

 Data collection

• Imdadul Fatawa: 7/176. 
•  Ahsanul Fatawa: 7/15, 20, 
• Fatawa Rahimiya 9/239,
•  Aap Ke Masayil Aur Unqa is: 6/174, 
• Fatawae Uthmani 3/220.

 Conclusion

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