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P. M. I. B. Wednesday, June 19, 2019 10:00 a.m.PMI Meeting June 19, 2019, DESIGNATIONPOOLED MONEY INVESTMENT ACCOUNT PORTFOLIO SUMMARY REPORT June 19, 2019 (Dollars in Billions)05/31/1904/30/19Change
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Visit your bank or financial institution where you have an account.
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Request for an interest bearing demand deposit application form.
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Fill out the application form with accurate personal information.
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Provide required documentation such as identification proof, address proof, etc.
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Specify the amount you wish to deposit in the account.
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Agree to the terms and conditions of the interest bearing demand deposit account.
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Review the filled application form for any errors or missing information before submitting.
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Submit the completed application form and required documents to the bank representative for processing.

Who needs interest bearing demand deposit?

01
Individuals who want to earn interest on their savings while having easy access to their funds.
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Businesses looking for a secure and liquid investment option with higher interest rates compared to traditional savings accounts.
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Interest bearing demand deposit is a type of account that offers interest on the deposited funds and allows the account holder to withdraw funds on demand.
Financial institutions and individuals who hold interest bearing demand deposit accounts are required to report this information to the appropriate authorities.
Interest bearing demand deposit forms can typically be filled out electronically or on paper, and require information such as account holder's name, account number, interest earned, and other relevant details.
The purpose of interest bearing demand deposit is to provide account holders with the ability to earn interest on their deposited funds while still being able to access them quickly.
Information such as account holder's name, account number, interest earned, and any other relevant financial details must be reported on interest bearing demand deposit forms.
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