A demand deposit is money that you deposit into a bank account from which you can withdraw on demand, at any time without any advance notice to the bank. Common examples of accounts that are often demand deposit accounts include many checking and savings accounts. Keep in mind, however, that not all checking accounts and savings accounts are demand deposit accounts. Manner of Demand. There are many ways you can make a demand on your bank for the funds deposited in a demand deposit account. You can make your demand upon the bank through a bank teller, from an ATM, via your debit card, through online banking transfers and by drawing a check.