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Deposit Account

No: 42019124 Date(g): 9/11/2020 | Date(h): 24/3/1442 Status: In-Force
53.A Deposit Account is an accounting record maintained by a DTFC license to operate in the Kingdom, generated to reflect the terms and status of the Deposit Deal. The purpose of the Deposit Account is hold the funds for an agreed period accruing profit at an agreed rate as per Deposit Deal.