A bank deposit that can be withdrawn immediately without notice or penalty.
活期存款
Example sentencesExamples
The high growth rate of low cost funds, such as savings and sight deposits, is the result of the ‘maturing’ phase of the new branch network units.
The bank's banking services include offering loans; deposits, such as sight deposits, term deposits, savings deposits; and savings certificates and bonds.
The increase in transaction accounts resulted in a greater volume of corporate sight deposits.
As of October 1, 2004 the interest rate on a sight deposit is 0.55% as well as in the client's funds on the current account.
If a customer has the right to withdraw funds instantly, without interest, tax relief or other penalty, from their deposit account, the account should be recorded as a sight deposit.
Definition of sight deposit in US English:
sight deposit
noun
A bank deposit that can be withdrawn immediately without notice or penalty.
活期存款
Example sentencesExamples
The bank's banking services include offering loans; deposits, such as sight deposits, term deposits, savings deposits; and savings certificates and bonds.
If a customer has the right to withdraw funds instantly, without interest, tax relief or other penalty, from their deposit account, the account should be recorded as a sight deposit.
As of October 1, 2004 the interest rate on a sight deposit is 0.55% as well as in the client's funds on the current account.
The high growth rate of low cost funds, such as savings and sight deposits, is the result of the ‘maturing’ phase of the new branch network units.
The increase in transaction accounts resulted in a greater volume of corporate sight deposits.