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When you leave money with a bank, you are paid interest. Interest is a fee for the use of someone else's money and is usually a percentage of the amount on deposit. It is calculated and paid each month, week, or day on the amount on deposit because it is available to be loaned to someone else or to be used by the bank.
Because of the current financial conditions, many simple bank deposit accounts are paying virtually no interest and are serving merely as a safe place to hold your money.
What else can I help you with?
Will you get more for your money if you change us money to Mexico before you leave?
Maybe. Often banks will give you less for exchange because they don't give the current exchange rate. You are better off waiting to exchange in country and not doing it at the airport or at a bank. Exchange rates can vary between sources.
How do you send money on line from bank in Europe to bank in us?
i do not think you can. you will have to go to the bank and do it.
How does bank help us in your daily life?
a bank can help us draw money when ever we are in need...
How does a bank help us in your daily life?
a bank can help us draw money when ever we are in need...
What is the todays US Dollar currency selling rate in India?
The rate will vary from bank to bank or money changer. As of 16Oct09, the interbank rate was 42.25 but expect to give up a few more rupees than that for a US Dollar.
How does bank helps us in our life?
Bank help us in our daily life by following reason for the safety of money
How does a bank help us in our life?
Bank help us in our daily life by following reason for the safety of money
Routine number of Bank of America US?
You can call the bank and ask them for it. They will give it to you.
What do you like most in the bank?
The money it gives us
How can you get your money in your UK bank account when you don't have a bank account in us and that's where you are?
If you have an ATM card you can use it at an American bank. It will take the money out of your UK account, charge you fee, and give you American dollars in return at the current exchange rate. You can also go into a bank and get dollars through an exchange of pounds from your bank. Again, there will be a fee. I did this while in Europe in the opposite direction. Took money from my American bank account to get Euros in the country where I was on tour.
How can I send money to a US bank account?
You can send money to a US bank account through various methods such as bank transfers, online payment services like PayPal or Venmo, or by using a money transfer service like Western Union or MoneyGram.
What is the significance of the Bank of the US?
it gave people privligases to deposit money fom taxes in the bank
