deposit

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A deposit account a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder. These transactions are recorded on the bank's books, and the resulting balance is recorded as a liability for the bank and represents the amount owed by the bank to the customer. Some banks may charge a fee for this service, while others may pay the customer interest on the funds deposited.

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  1. S

    VIC $1650 Deposit on Kitten that died

    My partner and I found an ad on gumtree for Maine Coon kittens, we saw a kitten we liked. We messaged about the female kitten he said she was available, we organized a video call over facebook to see the kitten. We were happy and the breeder was happy to give the kitten away to us and we paid...
  2. A

    NSW Dealership keeping deposit when finance fell through agter pre approval

    So I got accepted for finance. Found a car I liked. The dealership offered to take 250 off the original price, then refund me 250(500 deposit) to make the finance the amount I offered. I put down the $500 deposit, I got sent all the required paperwork from my Broker, all signed and sorted out...
  3. X

    NSW Private car sale - Can the seller pull out the sale and refund the deposit?

    Hi, I would like to know the seller's obligation for car sale in NSW. I inspected the car from the private seller, and I decided to buy the car but I needed time to release my term deposit of at least 31 days. Therefore, I & the seller agreed to pay the deposit on that day and pay the...
  4. G

    NSW Bank failing to honour term deposit instruction

    I gave my bank an instruction to pay out the funds in my term deposit on maturity into an account that I have with another bank. They acknowledged receipt of the instruction but then failed to honour it: they rolled it over for another term. How can I get access to my funds? They say that they...
  5. C

    NSW Wedding deposit refund

    My daughter is needing to cancel a wedding venue that was a 2 1/2 hours drive due to an illness in the family so needs to have the wedding closer to home. The travel would be too much for the nan who is the celebrant to make the trip . The terms and conditions state that the venue hire fee will...
  6. R

    Building contract deposit refund

    -I signed the building contract on 08/22. The price on the contract for a double story house was $620K and the site cost was told to be fixed before signing the contract. I paid 5% deposit to the builder (I HAVEN'T ASKED ABOUT BUILDING INSURANCE) which was $31k even before signing the contract...
  7. K

    NSW deposit paid on private car sale

    is a deposit paid upon agreement to purchase of a second-hand vehicle a contract
  8. J

    Buyer requesting Holding Deposit refunded

    Hey, first time here still trying to figure out what to do and where my legal rights are here in this one.. So we are selling our van, we had it listed while we were travelling and then had a buyer confirm, they came saw the van twice, were happy with it and agreed upon an amount $48600 as...
  9. deepgan

    VIC Can my employer decide to keep a deposit from my pay undiscussed?

    Hi I was working as a cleaning contractor in Abn for a company. No contracts have been made, nth signed. Something emergency regarding family health came up and I had to take an emergency leave for around 8-10 days. They were supposed to pay my share of money 2 weeks ago, but in the name of...
  10. M

    Boat Deposit

    Hi, I have resonantly sold my small houseboat that fits on a trailer privately. The lady came & inspected it & wanted to buy it. She sent me a deposit of $4000 but now a week later I am having trouble getting her to reply. I have tried to organize a time for them to pick it up & have even...