as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
give a description of the basic features of a bank account.
user
a bank account is a financial tool that allows users to store, transfer, borrow, and invest their money securely. basic features of a bank account include a debit card, which allows customers to make purchases using their own funds, direct deposit, which allows customers to make deposits and withdrawals electronically, a checking account, which allows customers to make payments electronically, and a savings account, which allows customers to accumulate interest on the deposited funds.
assistant