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What describes a time deposit?
money in a savings account
What does debit DDA mean?
DDA stands for Demand Deposit Account. It is your deposit account. A term used widely in payments industry
Does a non refundable deposit cover anything?
It would be part of the payment for whatever the deposit is on. If you don't buy or use what the deposit is on, it is not refunded.
A demand deposit is an account in a commercial bank on which checks can be written and from which money can be withdrawn without any advance notice.?
monetary policy
What is demand draft deposit slip?
A printed form which is filled when the money is being transferred from town to other for which a bank charges a certain amount.
What describes a demand deposit?
money in a checking accountMoney in a checking account
What is money in a checking account called?
Money in a checking account is called demand deposit.
Difference between time deposit and demand deposit?
Demand Deposit It is type of an account from which deposited funds can be withdrawn immediately at any time without any notice to the depository institution. Time Deposit It is type of deposit which is in contrast to demand deposit and funds are not available immediately .These are also known as term deposits .
What is Demand deposit?
A demand deposit is a normal checking or savings account at a bank. Demand deposit accounts can be drawn against by writing a check or withdrawing cash. They can also be drawn against by the use of a debit cards.
What does dda mean in ATM transfer to dda number?
DDA stands for demand deposit account. It is a bank account in which you can deposit and withdraw money. A form of a demand deposit account is a checking account.
Will the money supply increase if people deposit their cash into a demand deposit account?
yes
Which of these describes a time deposit?
Money in a savings account is an example of a time deposit.
What is DDA in reference to banking?
Demand Deposit Account
What is the technical name for checking account is?
Demand Deposit Account
What describes a time deposit?
money in a savings account
What term describes the total demand of all consumers for a company's product or service?
market demandAnother AnswerGlobal market demand would cover all consumers.
How does a cheque work?
A check is a demand. It is an order to pay someone form your checking account. A checking account is a demand deposit.
