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Do investment banking firm accepts deposits like commercial banks and savings and loan associations?
Wiki User
∙ 11y ago
no
Wiki User
∙ 11y ago
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What is a banking institution?
Banking institutions accepts and manages commercial and individual deposits as well as extend loans to consumers. Banks, credit unions and trust are examples.
What does Bank of Montreal do?
In general, it accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets.
What is Public Bank Berhad IMF form?
A public bank is a bank which accepts deposits from the public.
What carrier type always accepts all national HCPCS codes?
Commercial carriers
What is the definition and function of financial institutions?
A financial institution accepts deposits from consumers, and "places the money in a variety of investment vehicles," such as loans and mutual funds, to benefit both the consumers and the institution. Banks, mortgage companies, and mutual-fund companies are examples of financial institutions.1
What is the nature of returnable deposit?
A Returnable Deposit is one in which a bank accepts a deposit from a customer and returns it to the customer when he/she wants to take it back. Some of the types are: a. Savings Account Deposits b. Checking Account Deposits c. Fixed Deposits d. Recurring Deposits e. etc.
What is the definition of a bank?
A financial institution that accepts deposits from depositors and channels the money to those who need it (borrowers). This is the primary business of a bank.
What online banks offer a savings account that accepts direct deposits as a funding method?
Virtually all online banks will accept direct deposits. This is how they get funded. THERE ARE MANY REGARDING THIS. BANK OF AMERICA OFFER A SAVING ONLINE. WACHOVIA AND CHASE ALSO OFFER THAT.
Can i share a trusted investment program you can not afford to miss in life?
You are cordially invited to participate in this Investment Program and you will be glad you did. You can invest as low as $1 and see what happens in the near future. The Program accepts Liberty Reserve. Feel free to check the Scam of it with google to see things for yourself.
What are the common characteristics of banks?
Individual/Firm/Company. profit and service oriented institution. connecting link between borrowers and lenders. It deals with money. It accepts deposits from public. It provides Advances/Loansthe /Credit to customers.
What do you know about bank?
A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities. Banks are a fundamental component of the financial system, and are also active players in financial markets. The essential role of a bank is to connect those who have capital (such as investors or depositors), with those who seek capital (such as individuals wanting a loan, or businesses wanting to grow).
What is the meaning of paypal and egold?
PayPal is a payment geteway. This is used in E-Commerce. It is way merchent accepts the payment from the consumer. For this merchant needs merchant acount into which payPal deposits money paid by the consumer through credit card.
