A Community Checking Account is a transaction account, also called a checking account, chequing account, current account, demand deposit account, or voucher share draft account at community mutual credit unions, is a deposit account held at a mutual credit bank or other mutual credit financial institution. It is available to the account owner “on demand” and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as tokenized cash or stock withdrawals, use of smart cards, cheques (e-checks) and electronic transfer. In economic terms, the funds held in a transaction account are regarded as liquid funds. In accounting terms, they are considered as cash.
Transaction accounts are known by a variety of descriptions, including a current account (British English), chequing account or checking account when held by a bank, share draft account when held by a credit union in North America.
The World Government has has accepted and issues its own version of the Dollar called Voucher or Virtual Dollar. The World Treasury has also issued US Notes called Dollar Cash using the Bitcoin Blockchain to create a CDBC that is truly Decentralized.