Guestpost.top
  • Home
  • Submit Post
  • Category
    • Adult
    • Animals
    • Arts & Entertainment
    • Business
    • Career
    • Community
    • Engineering
    • Finance
    • Food & Drink
    • Games
    • Health
    • Hobbies
    • Law
    • Lifestyle
    • News
    • Science
    • Sports
    • Technology
    • Travel
    • Vehicles
No Result
View All Result
Guestpost.top
  • Home
  • Submit Post
  • Category
    • Adult
    • Animals
    • Arts & Entertainment
    • Business
    • Career
    • Community
    • Engineering
    • Finance
    • Food & Drink
    • Games
    • Health
    • Hobbies
    • Law
    • Lifestyle
    • News
    • Science
    • Sports
    • Technology
    • Travel
    • Vehicles
No Result
View All Result
Guestpost.top
No Result
View All Result
Home Finance

What are the different types of Bank Deposits?

June 29, 2022
in Finance
Submit Guest Post

The most well-known activities of banks, in general, are banking intermediary operations, in which a bank allows public monies to be accessed through what is known as the activity of receiving bank deposits. let us talk about different types of bank deposits.

Various bank accounts have been created to satisfy the needs and aspirations of depositors, with current accounts, savings accounts, and deposit accounts being the most prominent divisions of accounts based on their contractual substance.

Below, we’ll discuss these accounts and explain their benefits, as well as highlight the most notable findings on these accounts from the perspective of the Islamic economy, as a model that offers a different perspective than the traditional economy.

Different Types of Bank Deposits?

Different Types of Bank Deposits?

Table of Contents

  • What are the different types of Bank Deposits?
  • Bank deposits: current accounts
    • Introducing current accounts

What are the different types of Bank Deposits?

Bank deposits: current accounts

Bank deposits: current accounts

Bank deposits: current accounts

Introducing current accounts

Current accounts, also known as current bank deposits or demand deposits, are bank accounts in which the customer deposits monies with the bank with the understanding that the bank is bound to restore these funds to them without increase once they request them.

The current account pays no interest to the bank and allows the consumer to conduct a variety of financial transactions, including depositing and withdrawing monies from the bank or from ATMs using a debit card.

This card can also be used to pay the value of purchases at any time at stores and shopping places that accept debit cards, provided that the balance available in the account allows it, and it is possible to obtain a checkbook and pay by or collect it through current accounts, and service bills can be paid directly from the current account through the telephone banking service or the Internet, depending on the service.

ShareTweetPinShare

Related Posts

Finance

Credit card scams & Common methods to prevent identity theft

Credit card scams & Common methods to prevent identity theft There are lots of credit card frauds. Given that there...

September 6, 2022
Finance

How to Trade Cryptocurrencies on Bitfada’s P2P Exchange

Bitfada is fast rising P2P cryptocurrency exchange platform. According to general public opinion, this company is currently competing with the...

August 21, 2022
Finance

Best Mutual Fund Companies

There was a time when the best mutual fund companies in India played a huge role in India’s economic growth....

June 29, 2022
Finance

What is the definition of opportunity cost?

Do economists think strawberry smoothies are a good idea? A lot depends on the kiwi flavor instead – plus a...

June 29, 2022
Next Post

What is the definition of opportunity cost?

Best Mutual Fund Companies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Startups, if your CEO isn’t running your fundraising, you’re doing it wrong

Startups, if your CEO isn’t running your fundraising, you’re doing it wrong

August 11, 2022

The Cost Of Repairing The Hymen

March 30, 2022

Credit card scams & Common methods to prevent identity theft

September 6, 2022

BigData Analytics Market Is Likely to Experience a Tremendous Growth in Near Future

December 9, 2022

Categories

  • Adult
  • Animals
  • Arts & Entertainment
  • Business
  • Career
  • Community
  • Engineering
  • Finance
  • Food & Drink
  • Games
  • Health
  • Law
  • Lifestyle
  • News
  • Science
  • Sports
  • Technology
  • Travel
  • Vehicles

Subscribe

Join over 12.000 + subscribers & be the first to get new freebies.
[contact-form-7]

Disclaimer

The content produced on Guestpost.top site is entirely by users and Guestpost.top site has no responsibility for this content and does not endorse or reject them.

  • Home
  • Submit Guest Post
  • Adult
  • Animals
  • Arts & Entertainment
  • Business
  • Career
  • Community
  • Engineering
  • Finance
  • Food & Drink
  • Games
  • Health
  • Hobbies
  • Law
  • Lifestyle
  • News
  • Science
  • Sports
  • Technology
  • Travel
  • Vehicles
No Result
View All Result
  • Home
  • Submit Post
  • Category
    • Adult
    • Animals
    • Arts & Entertainment
    • Business
    • Career
    • Community
    • Engineering
    • Finance
    • Food & Drink
    • Games
    • Health
    • Hobbies
    • Law
    • Lifestyle
    • News
    • Science
    • Sports
    • Technology
    • Travel
    • Vehicles
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.