Final answer:
A checking account is a type of bank account that allows customers to deposit and withdraw funds and facilitates transactions using checks or a debit card. Fees are based on the number of checks written each month, and no minimum balance is typically required.
Step-by-step explanation:
A checking account is the subject of this question. It is a type of bank account that allows customers to deposit and withdraw funds and facilitates transactions by providing easy access to their money. Customers can write checks or use a debit card linked to the account to make purchases. The fees charged by the account are based on the number of checks written each month, and there is usually no minimum balance requirement.