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Typically deposits in checking accounts.

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Wiki User

15y ago
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6mo ago

Noninterest-bearing deposits are funds held in a bank account that do not earn any interest for the depositor. These deposits typically include funds in checking accounts and some types of demand deposit accounts. Unlike interest-bearing deposits, noninterest-bearing deposits do not generate any additional income for the depositor.

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Q: What are noninterest-bearing deposits?
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