what is the demand deposit
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A demand deposit consists of funds held in an account from which deposited funds can be withdrawn at any time from the depository institution, such as a checking or savings account, accessible by a teller, ATM or online banking.
hope it helps you
hope it helps you
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The deposits that can be withdrawn at any time, are called demand deposits
For Example : The money deposited in the banks
For Example : The money deposited in the banks
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