What is Deposit account?
A '''Deposit Account''' is an account at a [[bank]] where [[money]] can be put in or taken out by whoever [[own]]s the [[account]]. Each time money is moved, it is recorded in the bank's [[book]]s. Some banks charge a [[fee]] for this, others may pay the customers [[interest]]. ==Other websites== * [http://www.fdict.org/definition/deposit-account.php Deposit account definition and explanations in simple terms] {{Webarchive|url=https://web.archive.org/web/20090309174956/http://www.fdict.org/definition/deposit-account.php |date=2009-03-09 }} {{stub}} [[Category:Banks]]