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Basically, a DDA allows funds to be accessed anytime, while a term deposit account—also known as a time deposit account—restricts access to funds for a predetermined period.
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Once upon a time, banks could not pay interest on certain demand deposit accounts.
Our BUSINESS PROFILE The DDA Public Tenders Alert is a Service provided by Business Investment Centre, a Greek - EU Company.
Reg Q was repealed in 2011.
Demand deposits make up most of a particular measure of the money supply called M1.
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