What are the implications for individuals with current accounts in multiple countries?

Mar 1, 2015 ... Many current accounts also enable consumers to make payments directly using payment cards, using the VISA Debit or Switch/Maestro networks. In the years leading up to the global financial crisis, several euro area countries recorded large and persistent current account deficits. Whatever your everyday banking needs we've got you covered, choose from our range of current accounts to find the perfect fit. Open a checking account online. Virtual Wallet combines innovative digital tools with your checking account. We offer six distinct checking account options 1 . Each checking account is packed with different features and rewards, designed to provide a secure home for ... Sep 10, 2013 ... The new Current Account Switch Service will let consumers safely and reliably switch their accounts between banks in 7 days. Some accounts will pay interest on your balance, some will offer cashback, and still others will offer insurance or 0% overdrafts. Current account balance (% of GDP) Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Sustainable and Excessive Current Account Deficits. Large current account deficits are often assumed to play an important role in the propagation of financial ... A current account deficit may therefore reflect a low level of national savings relative to investment or a high rate of investment—or both ...