What Is a Dda Account?

Answer

A DDA Account is a demand deposit account in full. This is a bank account where all deposited funds can be withdrawn without notice to the bank or depository institution. With such an account, customers have complete access to their money without bank restrictions.
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1 Additional Answer
Ask.com Answer for: what is a dda account
What Is a DDA Bank Account?
Often referred to as a DDA account, demand deposit bank accounts are one of the most common types of transactional accounts used by individuals in the United States. Chances are that you have one and refer to it as your "checking account."... More »
Difficulty: Easy
Source: www.ehow.com
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