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Deposit | Definition of Deposit by Merriam-Webster


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The deposit itself is a liability owed by the bank to the depositor. Bank deposits refer to this liability rather than to the actual funds that have been deposited. When someone opens a bank.


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Should you put cash in a safe deposit box? No. If your cash is in a bank account, it is protected by FDIC insurance, whereas there is no federal insurance for safe deposit boxes. Your bank account is the safest place to store your cash, but you may also want to consider purchasing a home or office safe.
What do I get from Public Bank eFixed Deposit? Public Bank eFixed Deposit account can be opened easily if you are 18 years old and above and have a conventional personal current or savings account with Public Bank, and also registered for PBe online banking. The requirement is for fixed deposit.
When you deposit a check or money order into your checking account, the bank credits your account immediately (showing an increase in your balance). However, the money has not yet been transferred from the paying bank—that process may take several days, and the bank doesn't know for sure if the payment is good.



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Deposit definition is - to place especially for safekeeping or as a pledge; especially, economics : to put in a bank. How to use deposit in a sentence.
Rollover your deposit but withdraw the interest you accrued; If you don’t tell the bank what you want to do with your money once your fixed time period is up, the bank will automatically renew your fixed deposit for a similar period at the current market rate for a deposit of that amount and time period.

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Android is a trademark of Google Inc.
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Typically, it is located far from the main floor and tucked away inside a huge vault in some distant corner of the basement. Many bank customers take safe deposit for granted. A brief review of the main rules and regulations for safe deposit can give bank customers a new appreciation for this valuable service and its place in their lives.


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