Regular Account
RBMV Bank - Royal Bank of Mount Vema |
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An RBMV Bank Regular Accounts, may be called Transaction Account, Checking Account, Chequing Account, Current Account, Demand Deposit Account, or Share Draft Account in other countries or jurisdictions, and this facility is available to businesses (Business Regular Account) and private (Personal Regular Account).
This type of account is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as cash withdrawals at a bank agent, use of debit cards, cheques, and electronic transfer. In economic terms, the funds held in a regular account are regarded as liquid funds. In accounting terms, they are considered as cash. With this type of account, the RBMV Bank charges the account holder a monthly maintenance fee. Some transaction fees may also apply, however other services may be offered free of charge to the account holder.
Transaction Records (Bank statements)
Transaction records show a credit to the account for deposits, and debits for withdrawals of funds. The customer with a positive balance will see this balance reflected as a credit balance on the record (bank statement). If the customer is overdrawn, he/she will have a negative balance, reflected as a debit balance on the bank statement.
Transaction Records (Bank statements)
Transaction records show a credit to the account for deposits, and debits for withdrawals of funds. The customer with a positive balance will see this balance reflected as a credit balance on the record (bank statement). If the customer is overdrawn, he/she will have a negative balance, reflected as a debit balance on the bank statement.
Apply for a Regular Account
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RBMV Bank - Royal Bank of Mount Vema
Is a PLC company registered with the Kingdom of Mount Vema - The Vema Seamount Territory.
City of Mount Vema - Registered (Off-Plan) Address:
142 Westland Road, Maryland
Postal Code: 3284A
Mount Vema
Registration number 17010004, VAT number KMVC00-000-004
Is a PLC company registered with the Kingdom of Mount Vema - The Vema Seamount Territory.
City of Mount Vema - Registered (Off-Plan) Address:
142 Westland Road, Maryland
Postal Code: 3284A
Mount Vema
Registration number 17010004, VAT number KMVC00-000-004
