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Call Account

UNODC Money Laundering Terms DictionaryUNODC Money-Laundering Terms Dictionary
A deposit account with a financial institution without a fixed maturity date. The deposit can be 'called' (withdrawn) at any time. Call account deposits are usually one to seven day placements, however, two parties can agree on different maturities.
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
 

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