An acknowledgment by a bank that it has received money from a customer with a promise by the bank that it will repay the money received at a specified date is a note.

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An acknowledgment by a bank that it has received money from a customer with a promise to repay at a specified date is typically referred to as a deposit or a certificate of deposit (CD), not a note. A note generally refers to a financial instrument indicating a promise to pay, such as a promissory note.

An Acknowledgment by a Bank That It Has Received Money