The difference between the agreements can also be seen in the fact that the DBA is a unilaterally binding transaction, and the DBS is a bilaterally binding one. That is, when opening a deposit, obligations arise only from a credit institution, and when opening an account, both the bank and the client.
Demand deposits – the issuance of money at the first request of the depositor.
Time deposits – return of the deposit after a certain term of the agreement.
Remember: The process of learning a person lasts a lifetime. The value of the same knowledge for different people may be different, it is determined by their individual characteristics and needs. Therefore, knowledge is always needed at any age and position.