Bank Deposits

Bank deposits are the money you put into a bank account for safekeeping and convenience.

Bank deposits refer to the funds or money that individuals, businesses, or entities place into a bank account, typically for safekeeping, earning interest, or facilitating transactions, allowing account holders to store and manage their financial resources securely within a banking institution.

Bank deposits are like putting your money in a safe place at the bank, where it can earn a little extra or be ready for whenever you need it.