Does your bank give receipts for term deposits?

[neku]

In some countries banks are giving paper receipts for term or fixed deposits which indicate the amount of money deposited and other details like maturity date, interest rate. Do bank users in your country get a receipt for the amount they deposit with the bank?

 

[eLdavis]

Yes i believe this is normal for all banks to do so. For me though, I usually make use of online transactions.

 

[Suba]

If you create a term deposit via mbanking by transferring your savings balance, you will not receive physical evidence such as a deposit book, but if you open a term deposit face-to-face with the bank's CS or offline, of course you will get a deposit book.

 

[Starmix]

There is a receipt here as far as my observation is concerned. Those having huge deposit can ask for a receipt.

 

[Springtime]

I usually do that via ebanking. Hence, no printed receipt. But I can always check the balance of my fixed deposit account online and take a screenshot.

 

[Starmix]

There is always receipt in online banking. It is not defaulted it's against the banking laws without a receipt.

 

[Stardom22]

Although l have never had a fixed deposit account, my bank issues me receipts for any transactions be it electronically or manually made on my account.

 

[kit_hung]

In some countries banks are giving paper receipts for term or fixed deposits which indicate the amount of money deposited and other details like maturity date, interest rate. Do bank users in your country get a receipt for the amount they deposit with the bank?

Most banks issue an official receipt or paper receipt to customers who make a fixed or fixed term deposit. These receipts show the amount deposited, the interest rate, the maturity date and the conditions for early withdrawal. This is important for the customer as proof of the transaction and for tracking their funds. Customers are advised to keep these receipts properly and ensure that all details are recorded correctly before leaving the bank.