Which of the following would NOT be included in a Deposit Account?

A Deposit Account typically includes any account at a financial institution that allows for the deposit and withdrawal of funds. Checking accounts, savings accounts, and certificates of deposit (CDs) are all examples of deposit accounts because they are designed to hold customer funds securely and usually earn interest.

In contrast, a demand draft is a payment instrument that instructs a bank to pay a specific amount to a payee upon demand. It does not serve the primary function of holding funds for general deposit and withdrawal activities like the other types of accounts listed. Therefore, a demand draft is not classified as a deposit account because it is primarily used for making payments rather than storing deposits. This distinction clarifies why the correct answer identifies the demand draft as something that would not be included in a Deposit Account.