Defense Finance and Accounting Services (DFAS) Overview: An agency of the U.S Department of Defense, the Defense Finance and Accounting Service (DFAS) is responsible for administering finance and accounting services for the military and other members of Defense.
Best Answer: There is no limit to keep funds in your Savings and Current Account. But it will be advisable to keep funds in fixed deposit account if these are surplus for longer period.
The terminal at the company sends a message to the bank that you wish to spend $50 from your account. The bank agrees and puts $50 aside for the transaction, and now, though current balance in your account is still $200, the available balance is $200-$50 = $150 and not $200.