It include current deposits, demand liabilities portion of savings bank deposits, overdue deposits and cash certificates, outstanding telegraphic and mail transfers and margins against letter of credit/guarantees.
This term refers to checking account balances. On a bank's balance sheet, demand deposits are reported as current liabilities. To Top
Checking accounts in commercial banks. These banks are obliged to pay out funds when depositors write checks on those numbers. Checking accounts are not cash -- they are numbers recorded in banks.
Accounts at financial institutions that pay no interest and in which depositors can write checks to obtain deposits at any time.
(Bank Industries)—deposits that a depositor may withdraw from his account at any time.
deposits that can be drawn upon instantly, like checking accounts
Checking accounts that pay no interest and can be withdrawn upon demand.
Deposits that can be withdrawn on demand or paid to a third party by check.
Money in checking accounts; called demand deposits because you can get the money on demand, through checks or withdrawals.
Checking accounts; payable on demand by holder.