Demand Deposit Account

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A demand deposit account works as a vehicle for your deposits. These deposits can be automatic transfers from your place of work, or they could be checks from employers, vendors or family members. Whether the deposit is physical cash, a check or an electronic transfer, the money will go straight to the balance of your demand deposit account. Portable and easy to use, Demand Deposit Account study sets help you review the information and examples you need to succeed, in the time you have available. Use your time efficiently and maximize your retention of key facts and definitions with study sets created by other students studying Demand Deposit Account.

USD: 4,080arrowdropdown: 4,093arrowdropdown: EXCHANGE RATE. THB: 133.00arrowdropdown: 134.70arrowdropup. 1.2 You may only pay personal funds into the Demand Deposit Account. For example, you cannot use it for your business or for a charity, club or other organisation. Paying money in and taking money out 2.1 You can have no less than €1 in the Demand Deposit Account and it cannot be overdrawn. There is no upper limit on the amount you may deposit.

Now you can open your new account via your PC or mobile phone by simply online with following this link.

Searching for a reliable place to deposit your money for convenience use is everyone's greatest concern. ACLEDA Bank Plc will offer you all the above advantages.

Making a decision to open a Demand Deposit Account with ACLEDA, you can deposit in Khmer Riel, US Dollar, Thai Baht, Euro, Vietnamese Dong, Australian Dollar, Canadian Dollar, Japanese Yen, British Pound, or Lao Kip.

Account

It is convenient

ACLEDA Bank Plc is a secure and reliable place to entrust your money and provides you the convenience of financial management in real time. You don't need to carry cash around; you can use your account at any of our 262 branches in all provinces and towns.

Demand deposit account vs checking

Easy to use

  • Initial deposit only KHR10,000; USD10; THB400; EUR10; AUD10; CAD10; GBP10; JPY1,000; VND200,000; or LAK80,000.
  • Minimum balance only KHR10,000; USD10; THB400; EUR10; AUD10; CAD10; GBP10; JPY1,000; VND200,000; or LAK80,000.
  • No service charged for account opening or closing*.
  • Our bank will provide the report of your demand deposit account every month for your reference. Free for two months requested and charge KHR8.000, USD2, THB80 or equivalent per month on the number of months requested more than two months.
  • Receive message alert on account information on mobile phone (optional service).
  • We also serve you with the most updated information technology network covering all provinces and towns to ensure your convenience to use your account everywhere our offices located.

Demand Deposit Account Examples

Note:

  • * If close the account after a three-month period.
  • The fee of cash deposits in EUR, AUD, JPY, GBP, CAD, or VND account is 1% of the deposit amount, equivalent to a minimum of USD1.
to

Source:Board of Governors of the Federal Reserve System (US)

Release:H.6 Money Stock Measures

Time Deposit Account Definition

Units:

Frequency:

Notes:

The demand deposits component of M1 is defined as total demand deposits at commercial banks and foreign related institutions other than those due to the U.S. government, U.S. and foreign depository institutions, and foreign official institutions. In order to avoid double counting those deposits that are simultaneously on the books of two depository institutions, the demand deposit component of M1 excludes cash items in the process of collection (CIPC) and Federal Reserve float. Demand deposits due to depository institutions in the United States and the U.S. government, as well as other demand deposits and CIPC are reported on the FR 2900 and, for institutions that do not file the FR 2900, are estimated using data reported on the Call Reports. Demand deposits held by foreign banks and foreign official institutions are estimated using data reported on the Call Reports. Federal Reserve float is obtained from the consolidated balance sheet of the Federal Reserve Banks, which is published each week in the Federal Reserve Board's H.4.1 statistical release.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Demand Deposits: Total [DEMDEPSL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DEMDEPSL, March 5, 2021.

H.6 Money Stock Measures

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