What Does Dda Mean in Banking?

Answer

A DDA bank account is a bank account where one can deposit his or her money. The products offered in a DDA bank account are checking and savings. Demand deposit accounts can have two account owners.
Q&A Related to "What Does Dda Mean in Banking?"
A DDA bank account is a Demand Deposit Account. Please call or
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Demand Deposit Account.
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When ever you open a CD you have to leave the money on deposit for a fixed term. The term can range from 3 months to 5 years. If you decide to withdraw your money before the maturity
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1. Go to the bank where the deposit was made. Ask to speak with the operations manager or branch manager. The operations manager supervises all teller activities while the branch
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1 Additional Answer
Ask.com Answer for: what is a dda bank 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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