Re:Bank Run at Silicon Valley Bank
by ryan_j_naughton on Thursday March 09, 2023 @07:01PM
(#35088644)
DDAs?
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Re:Bank Run at Silicon Valley Bank
by notyourday on Thursday March 09, 2023 @08:02PM
(#35089159)
Demand Deposit Account - the kind of account that allows for cleared funds to be withdrawn without advanced notice. Probably 99.999% of accounts such as checking and savings one can write checks/do ACH payments/send wires/transfer money from fall into this category.