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Actually i want see the deiffence between these two financial institutions as intermediaries. Thanks Dan
Non refundable deposit means that the deposit will NOT be refunded to you at any time in the future after you make the non refundable deposit.
I've never heard of a non-refundable rent deposit. The term "deposit" is money that is left to cover certain damages if they occur. Otherwise one is entitled to its entire or partial refund (normally with receipts and documentation explaining the offset amounts). If a "Deposit" is non-refundable, then it's not a deposit, rather a fee-- typically the case with pet fees.
A refundable deposit can be returned to you if you meet certain conditions, while a non-refundable deposit cannot be returned to you under any circumstances.
A half-down non-refundable deposit would be a 50% deposit on what you're making the deposit on (a $700 per month rent apartment might require a half-down deposit, i.e. $350), this deposit will not be returned at the end of the term / deal / transaction.
travel intermediaries
Non Resident Deposits are deposit accounts created by customers who don't reside in the country where the bank operates. For example if you go abroad on work and then open a fixed deposit in a bank in India, it will be termed as a Non-Resident Deposit.
It would be part of the payment for whatever the deposit is on. If you don't buy or use what the deposit is on, it is not refunded.
The policy for the non-refundable deposit for this apartment is that once it is paid, it cannot be returned to you under any circumstances.
Most insurers or intermediaries will require you to pay at least a deposit and commit to a finance agreement before your cover becomes effective.