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What else can I help you with?
What is a bank certificates of deposit called a time deposit?
time deposit means payable at specified time same is the case with bank deposit ie. fixed deposit that is payable after certain period means not less than 7 days to earn interest so fds are called as time deposit
How do you describe a time deposit?
A time deposit has to be left in the bank for a certain period of time. If it stays for the entire time in the bank, the depositor will receive a little more when the time deposit is withdrawn. A time deposit taken out before the date of maturity will be subject to penalties and the total amount might be less than the original deposit.
Where can you find certificates of deposit?
The bank will give you one every time you make a deposit, if you need a copy of your deposit then talk to your bank. They keep all deposit slips on file for you to have.
What is a CD at a bank?
A CD is a certificate of deposit which is a time deposit savings with fixed terms.
Why is investec commercial bank a deposit taking intermediary?
It have a variety of deposit account, such as check account, savings and time deposit
How should you liquidate a bank CD?
You should visit the bank where you opened the CD and carry the CD document that they gave you when you opened the deposit. You need to submit this with a customer service officer in the bank and request to liquidate it. The bank will ask you the details of the bank account into which the funds need to be deposited and once you provide that, the bank will close/liquidate your CD and deposit the money into your bank account
What is an example of a time deposit?
A time deposit is an interest-bearing deposit held by a bank or financial institution for a fixed term. Time deposits usually refer to savings accounts, and are held by individuals.
The formula for ordinary interest using exact time is?
The formula for simple (ordinary) interest on a bank deposit is Deposit Amount x Rate x Time (# of days) on Deposit.
Can you deposit quarters at the bank?
yes you can deposit quarters at the bank
What time does chase post direct deposit?
In most cases Chase Bank will post a direct deposit immediately, upon receiving the direct deposit. Chase Bank reserves the right to hold the direct deposit for up to 2 days.
What is a bank's reserve-to-deposit ratio?
this is the amount of deposit the central bank authorise bank to keep them
What is the verb for deposit?
Deposit is both a noun and a verb. She made a deposit at the bank. (noun) She was able to deposit the money at the bank. (verb)
