
The Imprest account main feature is the permanent balance as the exact amount of cash in the account taken for several expenditures should be returned by the end of a specific period...
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You can also get cash rather than a transfer to your bank account...
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The next step is money transfer to the issuing bank (which is another USD 2)...
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You spent $190 of that amount within a month and you are to bring back the $190 to your petty cash to make your balance equal to the initial one provided at the beginning of this month...
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The process won’t take you more than a few minutes - you will only need to specify the details and press the Pay button.
The only thing that you should remember is that you’d better not work on public computers while transferring money from your credit card to online merchant accounts...
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Imprest
Checking Account
Down Payment
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