Saving Account
A basic type of bank account that allows customer to deposit money, keep it safe, withdraw funds and also earn Interest.
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A checking account that bank is required to return the entire balance to the owner of the account on demand during normal business hour. (No interest rate).
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Installment deposit refer to the saving deposit method where the customer specifies the saving term when opening an account and deposit installments, will withdraw the principal and interest in lump sum at maturity.
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Deposit is a product on which Customer and the bank have agreed on flexible installment amount, term, flexible, contract amount, principal and interest will be paid on the maturity date, based on the real time of the deposited mount and agreed interest rate
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