Business Accounts
Earmarked Account
- It is either saving or demand account opened by business people following the name of customer/business with additional description
- It is an account opened with further description indicating the purpose like “club account,” “business account,” “workshop account,” “project account,” “main account,” “branch account,” etc
- The customer shall explicitly request the bank in written form to add the description
- It can be earmarked using the registered trade name or the business sector indicated on the trade license