Cookies Depositor

A person or thing that deposits. a person who deposits money in a bank or who has a bank account.a person or company that puts money into a bank account: Four hundred small depositors closed their accounts.A bank of first deposit (BOFD) is a bank at which an individual first deposits a check into his or her account. If the issuer of the check likewise banks at the very same financial institution, clearing the check is known as an "on-us" item.Depositor Account Number (DAN). The DAN can be up to 17 characters. Include hyphens but omit spaces and special symbols. Don't include the check number or the dollar amount on canceled checks. On the sample check below.A deposit generally refers to money held in a bank account. A deposit can also be the funds used as security or collateral for the delivery of goods or services. A demand deposit account is essentially a checking account in which you can withdraw funds at any time.