# Checking Account

**IRI:** https://folio.openlegalstandard.org/R8C2GNWlmN6cCizmbGAawqo

## Labels

## Definition

A checking account is a deposit account that allows for frequent transactions, including deposits and withdrawals. It is commonly used for daily expenses and may come with a debit card, checks, and online banking features.

## Sub Class Of

- https://folio.openlegalstandard.org/RCqg8Edym0NbyFXA5DXor8w

**Deprecated:** False