You can store money on it, use it for transfers, payment for services, and repayment of loans. Such an account can be opened not only in a bank. For example, every citizen of the Russian Federation has a personal taxpayer account in the Federal Tax Service. In addition, each mobile operator or Internet provider also has a subscriber's personal account.
about the differences between the accounts in a comparative table. Comparative table with differences between correspondent, current and personal accounts How to distinguish between accounts. Correspondent and current accounts consist of 20 digits. They are combined into six blocks, each of which has a specific meaning. Here is the information russia telegram mobile phone number list contained in the blocks: Account type: current account, current account Information about the organization that opened the account Currency in which funds are stored: rubles, dollars, euros Security key, a code that is calculated using a special algorithm Bank branch number Account serial number A detailed explanation can be found in the diagram.
Example of a correspondent account with a breakdown Example of a current account with a breakdown What is the difference between a correspondent account and a corresponding account? Correspondent and correspondent accounts have nothing in common. Corresponding accounts are used in accounting within a commercial organization. They are interconnected and operate on the principle of double entry.