Current Deposit definition

Current Deposit means all Receipts obtained during the immediately preceding Collection Period and accounted for by the proper completion of the most recent 7-Eleven Cash Report relating to those Receipts.

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Current Deposit means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

Current Deposit means a form of non-interest bearing demand deposit wherefrom withdrawals are allowed, any number of times, depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposits nor Term Deposits.

Examples of Current Deposit in a sentence

• The exact levels of the deposit rates, as well as of the minimum initial deposit amounts (where applicable), are stated in the Bank's pre-contractual information documents, in the Product Terms and Conditions posted on the internet (▇▇▇.▇▇▇.▇▇) and on the Current Deposit Rates List posted in the Bank's branches and on the internet (▇▇▇.▇▇▇.▇▇).

• Current Deposit Accounts have the same features as Sight Deposit Accounts, but are addressed exclusively to natural persons who have the status of Consumer Customer, in accordance with the relevant Special Terms.

• If either you or we close your Card Account, you may not make further Purchases with your Card or Card Account, and your Current Deposit Account and Secured Account will also be closed.

• The Current Deposit and the Capital Commitment shall be exclusively used for TAA operations and capital expenditures in order to support the development and growth of the Business and for no other purposes.

• We reserve the right to prevent you from opening a Current Deposit Account and a Secured Account or otherwise restrict or close your Current Build Deposit Account and Secured Account if we cannot verify your information, or if you do not provide it as requested.

• The exact levels of the deposit rates, as well as of the minimum initial deposit amounts (where applicable), are stated in th e Bank's pre-contractual information documents, in the Product Terms and Conditions posted on the internet (▇▇▇.▇▇▇.▇▇) and on the Current Deposit Rates List posted in the Bank's branches and on the internet (▇▇▇.▇▇▇.▇▇).

• All payments to be made hereunder by the Customer shall be made by wire transferring in United States Dollars to SJC’s bank account (Current Deposit No. 0127386) with Mizuho Bank Limited, Tokyo Head Office (Marunouchi), or such other bank account and bank branch as may be designated in writing by SJC to the Customer provided thirty (30) days prior written notice is given prior to any payment due date.

• View Current Deposit Rates You may view the current deposit rates through BANKWEST’s Internet Banking Services.

More Definitions of Current Deposit

Current Deposit means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount. These accounts are meant purely to meet the business needs of customers. Hence, no interest is paid on balances in Current accounts. RBI prohibits banks from paying interest in Current accounts. While opening of current accounts for business entities, banks should make reference to CIBIL to ensure that the entity does not have borrowing arrangement and it is not on the list of defaulters. In either case a reference should be made to the lending banks before the current account is opened to ensure credit discipline among the borrowers.