It is designed to offer them a net return higher than that available direct from any building society deposit account.

The basic insurance coverage for other deposit accounts is still $100,000.

The original amount of insurance per eligible deposit account was $20,000.

Instead, they open a deposit account from which the borrower can withdraw.

In the last 18 months, as interest rates stayed low, bank customers have been pulling money out of deposit accounts.

During the retention period the money should be held in a deposit account.

Allow three weeks for a new deposit account to be activated.

She made a mental note to rifle her deposit account to buy a new one.

Sums of money not required for immediate use can be put into a deposit account on which the bank will pay interest.

Explain the difference between a current account and a deposit account at the bank.