In today’s scenario it is a day a day to activity where people engage themselves into borrowing and lending of money for business purpose or for some other personal purpose. When people have access of money and wishes to keep the same in safe custody that is when the concept of Bank Deposits come into action and acts as a helping to those wishing to deposit their money with the banks. Argentina is one country which a huge economic crisis and the peso was converted into US dollar but then too it has been seen that the banking industry in Argentina has a considerably good place in the world. The Central Bank of Argentina allows regulates the working of other Argentine banks also allows them to accept bank deposits. It can be observed that nature of a bank deposits offered completely depends upon the bank itself hence, it can be said that many of the banks in Argentina offer Term Deposits and Savings Deposits while some also offer Current Deposits.