Saturday, February 26, 2011

The definition of current deposits

Are deposits that are the current account, so that the bank possesses the amounts deposited, and the owner can withdraw it at any time.
It is clear that the absence of restrictions on withdrawals from these deposits mean a restriction of the freedom of the bank in use compared with other deposits.
The fact that current deposits (adapted idiosyncratic):
Researchers disagree contemporaries in fact current deposits on the highlighted words are two opinions. First: it deposits, and the second: it is loans, which is the correct view, as stated the owners of this to say that the lesson in the decades to the realities and meanings are not words and buildings, and contemplates the relationship between the bank and the applicant appears to him that the relationship between them but a loan does not deposit as indicated by the following:
The first evidence: that the bank has deposits of the situation and have the right to dispose of them, and is committed to refund the same amount on demand, meaning that the loan is to pay money to those who benefit from it - that is used and consumed in its objectives

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