Sight deposits, which are also known as call deposits, are deposits that can be withdrawn from a bank either without notice, or after a very short notice period. As a customer, i.e. the depositor, one can withdraw all the money making up your sight deposits whenever you choose. Ordinarily, sight deposits are made up of assets stored in transactional deposit accounts, such as private accounts (checking accounts) or business accounts. They differ from “Term Deposits” that carry a longer notice periods in that sight deposits are primarily used as a means of making payment as creditors fall due, rather than as savings ... (full story)