According to the text, checking accounts are considered ‘

#Questão 1020310 - Inglês, Interpretação de texto | Reading comprehension, INSTITUTO AOCP, 2022, BANESE, Desenvolvimento

According to the text, checking accounts are considered ‘transactional’. This feature points to the specific ways in which this type of account is meant to be used by clients. In practice, what does the term ‘transactional’ mean in this context?

A) It means that transactions are operations which can only be done once users reach the age of 18 or older and become financially responsible adults, otherwise checking accounts will remain age restricted, without exceptions.

B) It means that there are very little restrictions on the number of transactions a user can make, though banks still recommend users to use debit cards and checks instead of digital payment options for safety

C) It means that users are allowed to make transactions whenever and wherever they need, while also being provided with other means of accessing their money such as debit cards, checks and digital payment options.

D) It means that once users sign a formal agreement stating that they won’t use the account for their daily cash needs, banks will provide them with additional options to access their money and easily make transactions.

E) It means that transactions will only be allowed if a parent or legal guardian is present as a co-owner when users are under the age of 18, and in these cases additional payment options won’t be provided.

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