 Legal tender is any form of payment which , by law , has to be

accepted in settlement of a debt.

 Although , bank accounts are the most important form of
money , but they are not legal tender. Whereas coins( upto a
What is legal certain value) and bank notes are legal tender.

tender ?  So a person has to accept bank notes in payment , but they have
the right to refuse , for example a credit card.
 In practice most people and firms find payment from bank
accounts convenient and hence are willing to accept it.