Customer Deposit
Customer Deposit Meaning:
A customer deposit is a type is a funding component of a banking institution. These deposits can make up a portion of a banks total funding requirements. A customer deposit can include retail, business and institutional customer deposits.
A customer deposit is a type is a funding component of a banking institution. These deposits can make up a portion of a banks total funding requirements. A customer deposit can include retail, business and institutional customer deposits.
Total funding for banks can include customer deposits, short term wholesale funding and long term wholesale funding. The bank can use these deposits to fund lending growth.