The company may collect savings direct from its members in compliance with current regulations and norms on condition that the transfer amounts don't come from sight ( withdrawal) accounts/ instruments ( but may need to be be taken from ' on-call accounts)

Sight deposit account - Financial Dictionary - The Free Dictionary
financial-dictionary.thefreedictionary.com/Sight+deposit+account
Definition of Sight deposit account in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Sight deposit account? Meaning of ...
Time deposit - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Time_deposit
A time deposit is a money deposit at a banking institution that cannot be withdrawn for a ... The opposite, sometimes known as a sight deposit or "on call" deposit, can be withdrawn at any time, without any notice or penalty: e.g., money deposited in a checking account in a bank. The rate of return is higher than for savings ...