bank account

(redirected from deposit account)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia.

Related to deposit account: savings account, Demand deposit account

bank account

a contract between a customer and a bank whereby the bank obliges itself to honour cheques up to the amount deposited with the bank or up to an agreed overdraft limit. The overdraft is effectively a loan.

References in periodicals archive ?

The Single Deposit Account for funds, received from the fight against corruption, was opened in June 2018.

Funds from fight against corruption invested in country's future -Jeenbekov

(PDIC) has decided that it will not exempt banks with basic deposit accounts from paying insurance premiums.

No waiver of premiums for basic deposit accounts - PDIC

Square says it will offer deposit accounts and loans to small businesses.

Square Isn't Giving Up On Its Banking License

Many banks offer investment account services like savings account and fixed deposit or recurring deposit accounts to their customers.

Earn big through flexi bank account: Here is how

"Commercial Bank encourages everyone to save - regardless of age, background, status and nationality -- but we particularly encourage Qatari nationals to open deposit accounts during the dividend distribution season to make the most of this opportunity to make a headstart on their savings goals."

Commercial Bank announces first winner of saving campaign

Further, there were 2.89 million depositors and 4.88 million deposit accounts at commercial banks in Lebanon in 2013.

Lebanon loan penetration first in Arab world

MSSDA-Minfa Special Saving Deposit Account. 7.50% p.a

ZTBL announces rate of returns for various types of deposits

"As for the associations and the other legal establishments, they should submit registration documents from the respective authority, a formal approval for opening the deposit account and forms for the authorised signatories who are requested to submit a copy of their ID cards, for the Omanis, and a copy of their residence cards or passports for the expatriates." Muna explained.

ODB unveils campaign for deposit mobilisation

As the deposit account pays no England refused to bow to pressure over surging inflation as it held interest rates at their historic low of 0.5%.

Time to take stock and spring; Enjoy the benefit

The product also enables customers to open new deposit accounts and transfer funds into them via ACH, debit cards, and credit cards.

Web-based deposit account origination system introduced

We weren't even on their radar for business loans or deposit accounts.

Shout it from the hilltops: use a team approach to tout business services

"We are proud to present our latest NRI dual deposit account that gives the customers' and their family in Bahrain and India much more flexibility in managing their finances."