Can I transfer from my deposit account or to my deposit account?

Modified on Thu, 14 Aug at 1:10 PM

No. The term deposit account does not allow direct transfers. This means that you cannot make transfers from the deposit to other accounts or receive transfers to the deposit after making it.


If you want to be able to make transfers, consider, for example, a savings account that offers greater flexibility (although usually lower interest rates than a deposit).

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