Epic Evolution
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Deposit account

Go down

Deposit account Empty Deposit account

Post  fearlove Wed Nov 16, 2011 4:12 pm

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account, savings account, or other type of bank account, at a banking institution that allows money to be deposited and withdrawn by the account holder.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.

R4i Karte
Play the best free games

fearlove

Posts : 842
Join date : 2011-04-22

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum