1, the interest rates are different: Hong Kong dollar savings account has interest, demand deposit has low interest, and time deposit has high interest; Hong Kong dollar demand deposits have no interest.

2. They are different in nature: Hong Kong dollar savings accounts are mainly used for capital deposits, which are divided into time deposits and demand deposits; Hong Kong dollar current accounts are generally used for transactions, such as payment and settlement. It is also called a trading account or a checking account. Current accounts are also used for document operations. For example, the acceptance and input of checks are handled from current accounts.

3. The access conditions of the two accounts are different: the Hong Kong dollar savings account bank has conditional restrictions on access and cannot remit money and settle accounts; The funds in the Hong Kong dollar current account can be withdrawn at any time after being deposited, and can be remitted for settlement.

Extended data:

Current account is one of the management methods for commercial enterprises to open accounts in banks. Banks and enterprises only account for deposits and loans in one account. In terms of banks, deposits and loans to enterprises are registered in one account, and the loan amount of enterprises can be grasped at any time. As long as it does not exceed the approved loan limit, the bank can pay or transfer money according to the relevant documents; As far as enterprises are concerned, deposits and loans in banks are also registered in one account.

There is no need to go through the loan and repayment procedures one by one. If an enterprise purchases goods or pays various payments, it will increase the amount of bank loans, and the sales income of the enterprise will be sent to the bank, that is, the bank loans will be returned. It is often called "borrowing and selling back". Enterprises adopting this accounting method only open a "bank loan" account in the general ledger.

When paying or withdrawing cash, it is recorded in the "increase" column of the account, and when receiving or depositing money, it is recorded in the "decrease" column of the account, and the balance reflects the actual amount of bank loans. If the balance is negative, it means bank deposit. When preparing accounting statements at the end of the month, it should be filled in the "bank deposit" item in the "fund table". This method is generally suitable for enterprises with less self-owned funds and a large proportion of bank loans in working capital.

This method is often used by first-class and second-class wholesale enterprises in the commercial sector, and also by some third-class wholesale enterprises and individual retail enterprises. Its advantage is that it can simplify the accounting procedures of deposits and loans and improve work efficiency. Because this method is not convenient for banks to grasp the deposit and loan situation of enterprises separately, it has been cancelled and replaced by the deposit and loan household method.

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