[Answer] Which is an example of a demand account?

Answer: checking account

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Which is an example of a demand account? The Difference Between Term Deposit vs. Demand Deposit Comparing deposits: demand versus term | Investopedia Demand account definition and meaning - Define Demand account Demand Deposit Definition A demand account is commonly known as: a checking account (United States banks) a current account (United Kingdom banks) a share draft account (United States credit unions) a savings account (Australian banks ) Wed Aug 12 2020 · Checking accounts are an example of demand deposits. The primary purpose of demand accounts is to facilitate cashless payments by means of check bank draft direct debit electronic funds transfer etc. A demand account is commonly known as: a checking account (United States banks) a current account (United Kingdom banks) a share draft account (United States credit unions) a savings account (Australian banks ) Tue Apr 28 2020 · A demand deposit acco...

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