A bank current account is a product that allows you to hold deposits with your bank, to carry out essential payment transactions - depositing funds, cash withdrawals, execution or receipt of payments, use of debit cards and personal cheques - and to access services such as direct deposit of salary payments or automatic bill payments.
Consumers can also hold payment accounts with non-bank entities such as Poste Italiane. This type of account is used for payment services, including online and smartphone payments.
The bank current account is the best-known type of payment account.
