1.   Sight deposits are, in the main, cheque account funds while time deposits incorporate an element of withdrawal restriction, i.e. notice.

2.   Sight deposits are any deposits that can be withdrawn on demand by the depositor without penalty.

3.   In the past, sight deposits did not pay interest.

4.   The most familiar form of sight deposit are current accounts at banks.

5.   The actual ratio that the Bank of England considers to be prudent will depend on the type of bank and its proportion of sight deposits to demand deposits.

6.   It included notes and coin in circulation with the general public, and sterling private sector sight deposits in banks.

7.   Increasingly, sight deposits pay interest.

8.   It consists of cash in circulation, most forms of savings, sight deposits and time deposits of less than four years maturity.