A current account is a type of bank account that allows customers to deposit and withdraw money on a frequent basis. There are several other terms that are often used interchangeably with "current accounts." For example, in the United States, a current account may also be referred to as a checking account or a transaction account. In the United Kingdom, the term "current account" is more commonly used, though some people may refer to it as a cheque account. Other synonyms for current accounts might include demand deposit accounts, everyday accounts or operational accounts. Regardless of the term used, the basic function of a current account remains the same: to provide a way for customers to easily access and manage their money.