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March 2016 Rabobank Australia Limited ABN 50 001 621 129 ADSL 234 700 Call Deposits and Term Deposits To contact your nearest branch please call 1300 30 30 33 Talk to the world's leading food and
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Call deposits are funds placed in a bank account that can be withdrawn by the depositor at any time. Term deposits are funds placed in a bank account for a specific period of time, often at a fixed interest rate.
Individuals and businesses who have funds deposited in bank accounts may be required to report call deposits and term to the relevant tax authorities.
To fill out call deposits and term, individuals and businesses need to provide information on the amount of funds deposited, the bank account details, the interest rate (for term deposits), and any other relevant information requested by the tax authorities.
The purpose of call deposits and term is to provide transparency and accountability in the financial system by ensuring that funds deposited in bank accounts are properly documented and reported to tax authorities.
Information such as the amount of funds deposited, bank account details, interest rate (for term deposits), and any other relevant details requested by the tax authorities must be reported on call deposits and term.
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