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Current Account Savings Account (CASA): Definition and Formula

Financial Concepts

Definition

A current account savings account (CASA), offered by some banks, combines the functions of a checking account and a savings account. The customer gets little or no interest on the current account money that is used routinely to pay bills but is paid interest on the savings portion. Although it is available globally, CASA is most commonly used in Western Asia and Southeast Asia, Key Takeaways Curre

In Panel Profits

In the Panel Profits market platform, Current Account Savings Account (CASA): Definition and Formula applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.