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3:23
Study.com
Demand Deposit | Definition, Types & Examples
Understand the meaning of a demand deposit in banking, the overview of the demand deposits and the criteria of the Federal Reserve regarding demand deposits.
4.7K views
Jan 10, 2017
Demand deposit Banking
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A demand deposit account (DDA) allows you to withdraw your money at any time, without any advance notice. The money in this account earns interest over time, and is different from term deposits wherein you are charged a penalty for withdrawing before the term ends. #digibank #unbank #demanddeposit #finance #money | digibank by DBS
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