Current Deposit Account definition
Current Deposit Account means a form of Demand Deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposits nor Term Deposits.
Current Deposit Account means a form of Demand Deposit wherefrom
Current Deposit Account means a non-interest-bearing account that allows customers to make unlimited deposits and withdrawals.
Examples of Current Deposit Account in a sentence
If either you or we close your Card Account, you may not make further Purchases with your Card or Card Account, and your Current Deposit Account and Secured Account will also be closed.
We reserve the right to prevent you from opening a Current Deposit Account and a Secured Account or otherwise restrict or close your Current Build Deposit Account and Secured Account if we cannot verify your information, or if you do not provide it as requested.