A deposit that can be withdrawn by the customer at any time is:

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asked Aug 2, 2019 196k views

2 Answers

Chris Smeele · Answer 1 · 2019-08-08T03:47:36+0000

I believe it is a demand deposit:
A demand deposit is funds held in an account from which deposited funds can be withdrawn at any time from the depository institution, such as a checking or savings account, accessible by a teller, ATM or online banking.

A deposit that can be withdrawn by the customer at any time is:

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