What are Bank Deposits and depositing cheques?

By Chris Andreou
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Last updated
March 19, 2022

Contents

A bank deposit involves placing money into an account with a banking institution. Depositing a cheque is one way to make a deposit. You can also deposit cash or make a funds transfer.

<p>A bank deposit involves placing money into an account with a banking institution. Depositing a cheque is one way to make a deposit. You can also deposit cash or make a funds transfer.</p>

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