|Software Component Version||ESM FS 400|
|Business Object Type||Master Data Object|
A deposit account contract is a contract between a credit institute and a customer, which is based on the customer’s request to open a bank account from the bank account type Deposit .
A bank account based on a deposit account contract is an account that allows money to be held on behalf of the account holder. Some banks charge a fee for this service, while others may pay the account holder interest on the funds deposited.
The account holder retains rights to the deposit, although restrictions placed on access depend upon the terms and conditions of the account and the credit institute.
The Analytical View of Deposit Account Contract business object contains Deposit Account Contract Event In inbound service interface.