In commercial banking, an account from which the customer cannot withdraw money instantly is a?

By: |Published on: Aug 2|Categories: Economics WAEC| 0 comments

A. demand deposit account
B. time deposit account
C. special deposit account
D. savings deposit account

Correct Answer:

Option B – time deposit account

Users Also Read These:

SEE ALSO  A persistent and appreciable rise in the general level of price is known as?

Copyright warnings! Do not copy.