0 a bank account that pays interest on the money which you leave in it; savings account -- depositkonto
There is, however, little difference between this new form of deposit account and the services offered by the trustee savings banks.
I turn to the question of the investment policy of the investment deposit account.
I doubt whether many building society account holders are aware whether their account is technically a share account or a deposit account.
You are dealing with a man who has no insurance, but only a deposit account in the bank.
There is surely no point in its lying in some person's current or deposit account.
Does he envisage a large movement of money from deposit account to investment?
I do not intend to go into those criteria, but one is that current and deposit account facilities shall be made available.
I understand that if a person does not have a current account he or she cannot have a deposit account.
