deposit rate interest rate paid by the depository institution on the cash on deposit where as saving bank rate is interest paid by the banking institution on saving account holder which is calculated on daily basis and credited to customer account quaterly or semi annually.
I'm not a 100% but a think that withdrawal is when you take money out of your bank account. And a deposit is when you put money in your bank account.
A deposit slip issued by your bank for depositing money or checks into your savings account.
What do we write in entry account heading in bank reconcilation statment " deposit not shown in bank "
To Manager Subject: Closing Fixed deposit account. This is to inform you that, My Fixed deposit will mature on 01/12/2012, Kindly request you to transfer the fixed deposit to my Saving account, details are mention below. Name: Saving bank account: your faithfully *****
In Salary Account 0 balance is allowed and in saving account minimum balance required
i want to deposit from london uk bank in my saving acount in phx . what is the swift code than my ac no .how can deposit or tt from other bank of london uk
I think it's all how you use it in a sentence; example, "I made a deposit at the bank" or "you can remit your deposit to the bank". I could be wrong but that's my understanding.
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
A counter deposit is made using a blank deposit slip furnished by the bank - the depositor has to write in their own name and account number. A deposit is typically made with a pre-printed deposit slip that the depositor brings to the bank with them.
The term "banc" refers to a bench or a high court, while "bank" refers to a financial institution where people can deposit, withdraw, and borrow money.
What is the difference between bank loan and bank credit?