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Yes DBS savings account is unique in many ways. It can be opened with an initial deposit or Rp 1 mio. You can withdraw cash across Indonesia and Singapore through various ATM's connected to DBS ATM networks. Also there is fund transfer free within PT Bank DBS Indonesia.
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How does the risk of a money market mutual fund compare with that of a savings account?
The risk of a money market mutual fund is similar to that of a savings account. Both are low-risk, slow-growth savings vehicles. Money market funds are viewed as a cash equivalent, similar to a savings account.
Where can you put your money in?
A bank account, savings account, or family trust fund are a few options, it depends what you mean when you say 'in'.
What is the difference between person fund vs account fund?
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
What is an EFT?
Electronic Fund Transfer
What documents should you have if you want to transfer money?
Fund Transfer slip
How can i shift savings account to savings account plus?
You can easily do a fund transfer to a savings account plus with minimum initial placement Rp 1,000,000 and minimum core deposits Rp 100,000. It will help you earn tiered interest rates.
How does the risk of a money market mutual fund compare with that of a savings account?
The risk of a money market mutual fund is similar to that of a savings account. Both are low-risk, slow-growth savings vehicles. Money market funds are viewed as a cash equivalent, similar to a savings account.
What is the routing number for Vanguard Prime Money Market Fund?
The Vanguard Prime Money Market Fund (PMMF) does not have a routing number. No mutual fund does. Routing numbers are given to banks, and other depositories. However, there are a number of ways money can be transferred electronically into or out of the the fund. If you are investing into the fund, there is an incoming wire account established at a third party bank that the fund has established. You can view more details at the Vanguard.com website and searching "purchase by wire." You can also do an ACH from or to the PMMF to an outside checking our savings account. You would initiate the transfer through Vanguard or your broker. Typically, there is a waiting period (14 days or so) before you transfer money out redeeming shares) to a new checking or savings account.
Where can you put your money in?
A bank account, savings account, or family trust fund are a few options, it depends what you mean when you say 'in'.
Which form of investment has the most amount of risk involved savings account or checking account or mutual fund?
Out of the three options, a mutual fund has the most amount of risk involved. While a savings account and checking account typically have very low risk, mutual funds are subject to market fluctuations and can experience losses. The level of risk in a mutual fund depends on the types of assets it holds, such as stocks or bonds.
Can you suggest a good bank name?
I have a savings account nicknamed "Family Fund" and a checking account nicknamed "Life Expenses" - KJ
How do you fund transfer?
If you have a bank account, doing a fund transfer is quite easy. All you need is the transfer details for the other bank. If you are having trouble transferring funds, speak to your bank executive for help.
What do you mean by Electronic Clearing System?
It is type of one bank account fund transfer to another bank account
What is the function of the Savings Association Insurance Fund?
Administered by the FDIC, SAIF insures deposits at the nation's savings and loan institutions up to $100,000 per account.
Why You Need More Than One Savings Account?
Your first savings account should be an emergency fund. Start with a goal of saving five hundred dollars and then work towards six to nine months of expenses in this account. Don't touch this account unless you lose a job or some other disaster occurs. To save for vacation or a major purchase, have a second savings account that you add to on a regular basis. This way, you won't touch your emergency fund but can put away money for other expenses. Keep both of these accounts a regular savings account where you can get to your money quickly.
What type of accounts can be used with MandT Web Banking?
M&T Web banking has a checking account, a savings account, a passbook savings account, a CD account, a Holiday/vacation account, a loan account, a mortgage account, an overdraft account, an equity line account, an IRA account, a PMA account and a MTB money market fund account.
Which type of account is typically the most liquid A checking account B savings account C certificate of deposit D exchange traded fund?
A checking account is typically the most liquid.
