Demand deposit definition

Demand deposit means a deposit received by the bank, which is withdrawable on demand;

Demand deposit means a deposit that is payable on demand, a deposit issued with an original maturity or required notice period of less than seven days or a deposit representing funds for which the bank does not reserve the right to require at least seven days' written notice of the intended withdrawal, but does not include any time deposit;

Demand deposit means a deposit that is payable on demand, or a deposit issued with an original maturity or re- quired notice period of less than seven days, or a deposit representing funds for which the depository institution does not reserve the right to require at least seven days’ written notice of an intended withdrawal. Demand deposits may be in the form of:

Examples of Demand deposit in a sentence

• Demand deposit balances due from a smaller depository institution in circumstances where the reporting (and larger) depository institution has moved funds to the smaller depository institution to take advantage of the lower reserve requirements imposed on smaller depository institutions (i.e., to make use of the low reserve tranche) and has received the funds back in a reserve-free transaction.

• Demand deposit or other financial account number, or credit card or debit card number, in combination with any required security code, access code, or password that would permit access to any of the resident's financial accounts.

• Demand deposit accountsEuro:Other currencies: Interest rate for 1 YEAR MATURITY (Section 4).

• Demand deposit rates in national currency to households (weighted average).

• Liabilities / Demand deposit accountsEuro: Other currencies: 1-month deposit (*) minus 0.50%.(*) Fixed-term deposits published on the 25th or the previous business day.

More Definitions of Demand deposit

Demand deposit means any deposit payable to a depositor upon the demand of such person, or with a maturity or withdrawable by the depositor upon advance notice of less than seven days; by cheque, draft or other similar means;

Demand deposit means any funds invested by the Authority with an EligibleInstitution.

Demand deposit means a deposit received by the Bank, which is withdrawable on demand. “FATCA” means the Foreign Account Tax Compliance Act, 2010 of United States of America.

Demand deposit means a deposit received by the BU, which is withdrawable on demand.

Demand deposit means all deposits except time deposits.

Demand deposit means a deposit of funds that may be withdrawn on the demand of the depositor.

Demand deposit means an amount of money due to the DOT from the Municipality.