tranthuongbn
N e m e s i s In Training
Number of posts : 119
Age : 33
Registration date : 2011-01-03
 |  Subject: Deposit account Sun Jan 23, 2011 8:01 am | |
| A deposit account is a current account, savings account, or other type of bank account, at a banking institution that allows money to be deposited and withdrawn by the account holder. These transactions are recorded on the bank's books, and the resulting balance is recorded as a liability for the bank, and represent the amount owed by the bank to the customer. Some banks charge a fee for this service, while others may pay the customer interest on the funds deposited. Contents [hide] 1 Major types 2 Legal framework 3 Regulatory protection 4 See also transfer factor plusmaster page | |
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