Translation of sight deposit in Spanish:

sight deposit

depósito a la vista, n.

noun

Finance

  • 1

    depósito a la vista masculine
    • As of October 1, 2004 the interest rate on a sight deposit is 0.55% as well as in the client's funds on the current account.
    • If a customer has the right to withdraw funds instantly, without interest, tax relief or other penalty, from their deposit account, the account should be recorded as a sight deposit.
    • The increase in transaction accounts resulted in a greater volume of corporate sight deposits.
    • The high growth rate of low cost funds, such as savings and sight deposits, is the result of the ‘maturing’ phase of the new branch network units.
    • The bank's banking services include offering loans; deposits, such as sight deposits, term deposits, savings deposits; and savings certificates and bonds.