Yes you can. You need to call your local branch of the bank however, because most large banking institutions will allocate one branch per district as their assigned foreign currency hub.
Yes. Most major banks in the US accept deposit of foreign currency notes. The point to note here is that, the deposit accepting bank would convert the foreign currency into the local currency (US Dollar) at the prevailing exchange rates, before crediting the money into your account.
The bank would deposit a portion of the money with the central bank and then think of ways to lend this money and earn an income out of it.
to deposit moneyA Deposit is the act of putting money into an account.
If the deposits in one bank are insured by the government sponsored deposit insurance whereas, in another bank this insurance is not available, it means that in case the first bank goes bankrupt, the government will give me my hard earned money that I put into my account with that bank, whereas it won't do anything if the other bank that does not have deposit insurance goes bankrupt and I stand to lose my hard earned money. So, I will deposit my money only in a bank that has the FDIC insurance on deposits available.
they are called depositors because they deposit their money in the bank. they are also called bank clients.
you can deposit at the bank
Walk into an ATM and deposit the money into your bank accountWalk into the bank branch (any bank that you have an account with) and deposit the money into your bank account
Yes. Most major banks in the US accept deposit of foreign currency notes. The point to note here is that, the deposit accepting bank would convert the foreign currency into the local currency (US Dollar) at the prevailing exchange rates, before crediting the money into your account.
Deposit is both a noun and a verb. She made a deposit at the bank. (noun) She was able to deposit the money at the bank. (verb)
he went to deposit his money in the bank he had to deposit 20 dollars
No
A deposit
Foreign Traders trade on behalf of us risking there money & trade wit commodities & foregin exchange....
The bank would deposit a portion of the money with the central bank and then think of ways to lend this money and earn an income out of it.
to deposit money in the bank you need more than what you want do deposit because the bank charges 10% of what you deposit. for example you want to deposit 1000000 dollars, you must posses 1100000 dollars to have the 1000000 dollars put in the bank.
If you have a lot of cash, you will need to deposit the money in a bank in the town you live.
Foreign Traders trade on behalf of us risking there money & trade wit commodities & foregin exchange....