Demand deposit means a deposit received by the bank, which is withdrawable on demand;
Demand deposit means a deposit that is payable on demand, a deposit issued with an original maturity or required notice period of less than seven days or a deposit representing funds for which the bank does not reserve the right to require at least seven days' written notice of the intended withdrawal, but does not include any time deposit;
Demand deposit means a deposit that is payable on demand, or a deposit issued with an original maturity or re- quired notice period of less than seven days, or a deposit representing funds for which the depository institution does not reserve the right to require at least seven days’ written notice of an intended withdrawal. Demand deposits may be in the form of:
Examples of Demand deposit in a sentence
The DOT is not required to perform the DOT-provided Services until the Municipality pays the Demand Deposit in full.
Upon the DOT’s receipt of the Municipality’s concurrence on the Written Acknowledgement of the PAL, the DOT’s Revenue Accounting unit will send an invoice to the Municipality for the Demand Deposit.
A Demand Deposit in the amount of $[ENTER AMOUNT or $0] dollars is due to the DOT.
The DOT will bill the Municipality the amount of the Municipality’s proportionate share of such costs in a Demand Deposit, and the Municipality shall forward to the DOT that amount in accordance with the PAL.
More Definitions of Demand deposit
Demand deposit means a deposit received by the bank which is withdrawable on demand;
Demand deposit means a deposit received by the BU, which is withdrawable on demand.
Demand deposit means any deposit payable to a depositor upon the demand of such person, or with a maturity or withdrawable by the depositor upon advance notice of less than seven days; by cheque, draft or other similar means;
Demand deposit means a deposit received by the Bank, which is withdrawable on demand. “FATCA” means the Foreign Account Tax Compliance Act, 2010 of United States of America.
Demand deposit means any funds invested by the Authority with an EligibleInstitution.
Demand deposit means a deposit of funds that may be withdrawn on the demand of the depositor.
Demand deposit means an amount of money due to the DOT from the Municipality.