Social Sciences, asked by 141231, 7 months ago

What are demand deposit

benefits

Answers

Answered by Anonymous
1
Please se on google for more information
Answered by Anonymous
2

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☆☞ [ Verified answer ]☜☆

Demand deposit benefits :--

  • A Deposit account is a bank account where you can withdraw any time you want, without paying any additional charges for it.

  • The advantages of deposits are:---

  • Flexibility of Withdrawals: - As the name suggests, you can 'demand' money for withdrawal any time you want, so you have liquidity of funds.

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