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What does dep stands for in banking?
deposit, maybe
What is meant in by term deposits in banking?
The meaning of a Term Deposit in banking is referring to a savings account or a certificate of deposit. This particular savings account or certificate of deposit pays at a fixed rate of interest until given a maturity date.
How deposit important to a bank?
deposit is like food for banking body to keep it operative by way of using it .
What is conduct banking?
If a person is conducting banking, it means that they are performing a transaction. This could be a deposit, a withdrawal, or taking out a loan.
Can you get direct deposit in your savings account?
Direct deposit to your savings account must be available from both your banking institution AND your employer. Virtually all banking institutions offer this service but smaller employees may not.
What does dep stands for in banking?
deposit, maybe
What is mixed banking?
When a bank combines the deposit as well as investment banking activites, it is called mixed banking. In other words, when banks perform the dual function of commercial banking and investment banking, i.e., provide long term lending to industries. it is called mixed banking. It all stared in Germany. After indutrial development took place. there were no banks in Germany to provide long term finance to these industrial units. So the commercial banks in Germany were forced to finance to these industries both for short-term as well as for long-term requirements. These banks, were therefore, called mixed banking. That is they were doing the functiion of a commercial banks as well as investment banks. M.J.SUBRAMANYAM, BANGALORE, INDIA
What is DDA in reference to banking?
Demand Deposit Account
What is meant in by term deposits in banking?
The meaning of a Term Deposit in banking is referring to a savings account or a certificate of deposit. This particular savings account or certificate of deposit pays at a fixed rate of interest until given a maturity date.
How deposit important to a bank?
deposit is like food for banking body to keep it operative by way of using it .
What is a bankwill?
It is a new banking system where you can deposit checks by iphone.
What is conduct banking?
If a person is conducting banking, it means that they are performing a transaction. This could be a deposit, a withdrawal, or taking out a loan.
What does less cash received mean on a banking deposit slip?
The amount out of the check that you are receiving in cash.
What is mixed banking operation?
Mixed banking is a system of banking where a bank combines both deposit banking as well as investment banking. In other words, the bank will provide short-term loans for commerce and trade and long-term finance for industrial uints. Such a type of banking was prevalent in Germany, where banks there were providing both short-term as well as long-term loans. In fact, in Germany industrialisation was rapid due to this type of banking. While this type of banking promotes rapid industrialiation, the mixed banking system reduces the liquidity of funds of commercial banks. Stated differently, it difficult to pay back the borrowed funds of customers whenever they make a demand of their money. This is because funds get blocked when the bank gives long term loans to industries. M.J. SUBRAMANYAM, BANGALORE, INDIA
What is the definition of a certificate of deposit?
An online certificate of deposit is a banking term referring to an online bank account. A certificate of deposit is a sum of money specified by the depositor at and interest rate offered by a banking establishment.
Can you get direct deposit in your savings account?
Direct deposit to your savings account must be available from both your banking institution AND your employer. Virtually all banking institutions offer this service but smaller employees may not.
What are Difference between home banking and on line banking?
the difference between home banking and on line banking is the way how to deposit and withdraw your money savings.home banking is you go personally to the bank company and deposit there . while on line banking is you just go to the electronic machine using w/ your card or via mobile phone .
