deposit account

The typical small business holds about $12,100 in its deposit account on any given day.

The bank noted continued strong growth in new retail deposit accounts, though balances are rising more slowly than previously expected.

Efforts to encourage investing in Japan, where many have long kept a big chunk of their wealth in deposit accounts, have been slow to take root.

“Interest rates on credit products tend to be lower and there are few, if any, fees associated with deposit accounts,” she said.

Last month, it sued Walmart and another company for allegedly illegally opening deposit accounts for more than 1 million drivers.