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"pay deposit" is a correct and usable phrase in written English.
It is most commonly used when signing a contract or making a purchase of some kind, and it usually refers to an initial payment made to secure or guarantee a future service or purchase. For example, when renting an apartment, you might say "I paid the deposit to secure the lease".
Exact(13)
There, the bank did not have to meet Venezuelan reserve requirements or pay deposit insurance taxes.
Unlike banks, though, they do not have to pay deposit insurance or keep capital buffers to protect against defaults.
"The movement into deposits during a financial crisis is expensive for U.S. banks because they have to pay deposit insurance on these extra inflows," Mr. Abate wrote.
The poor in parts of Africa and India even pay deposit collectors a fee (ie, a negative interest rate) to mind their rainy-day cash.
But failing to pay deposit insurance as the EU has demanded doesn't mean the BNB is doing nothing.
If banks don't pay deposit rates, why deposit funds with banks when there are superior and more innovative services out there for performing financial services?," Sebag asked.
Similar(47)
Direct Deposit allows you to have your pay deposited directly into your checking or savings account.
Mr. Arafat agreed that Palestinian security forces would have their pay deposited directly into their bank accounts, Mr. Qurei said.
"We employ housing people who build relationships with private landlords, pay deposits and put children together in houses.
Miscalculated deductions have left some workers with pay deposits that were not much more than pocket change.
Investors are paying deposits that they will get back if leave wins.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com