Learn how current transfers work in international transactions. Explore the different types, their significance, and how they impact the current account balance.

Banks try to tempt savers to open more current accounts to scoop up cash incentives and perks. But there are pitfalls to be aware of

Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own. Current is a neobank, a nonbank financial ...

The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of Economic Analysis on Tuesday. The Q2 figure came in ...

The site also warns that possessing more than one overdraft can give the impression of overstretched finances, especially if several are utilised simultaneously. While simply holding multiple accounts does not automatically damage credit scores, the site emphasises that misuse of overdrafts or rapid applications can raise concerns with lenders.

The US current account deficit rose 44.3% to $450.2 billion in the first quarter, Commerce Department data showed Tuesday. Expectations for the current account deficit were $448 billion during the period. The current account deficit data for the last ...

Almost 200,000 current accounts switched during first three months of the year – here are the best deals, including £150 from First Direct Almost 200,000 current accounts were switched during the first three months of the year, up two-fifths on the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and ...