what are the advantages of bank deposits?
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Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accounts, checking accounts and money market accounts. The account holder has the right to withdraw deposited funds, as set forth in the terms and conditions governing the account agreement.
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Answer✍️✍️✍️
*️⃣Guranted interested rate for the agreed period.
*️⃣Often higher rates of interest than other savings account.
*️⃣Guranted interested rate for the agreed period.
*️⃣Often higher rates of interest than other savings account.
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