Deposit
A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money.
DPS
A bank DPS is a monthly savings plan, which allows savers to regularly deposit small amounts and receive a larger amount at the end of the plan, which can vary in duration and payment amount.
Transaction
A banking transaction is the record of any movement of money, whether in or out of an individual's or business's account. This includes a wide variety of activities such as deposits, withdrawals, transfers, card or check payments, bank charges, and refunds.
Withdraw
To bank withdraw (withdraw money from your bank account), you can use an ATM, visit a bank branch with a withdrawal slip and ID, write a check to yourself, or get cash back during a purchase at some retailers. Each method involves a different process, but all result in funds being removed from your linked account.
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