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Q: What financial institutions do not take customer deposits?
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Which financial institutions does not take customer deposits?

investment bank


How long does it take for an out state check to clear?

Some financial institutions may require a full week. Ask your local branch where you usually make deposits.


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 a non-depository intermediary?

A non-depository intermediary is a financial institution that does not take or hold deposits.


What does it take to be a loan officer?

Loan officers are generally associated with banks, financial institute who offers loan to customer. Loan officer directly originate loan from the financial institute for the customer.


What is the role of the major non-depository financial institutions in the financial system?

Non-depository financial institutions play a major role in providing financial services and credit to both individuals and businesses. Non-depository institutions frequently compete with banks in offering financial services and credit but also offer services that would not be appropriate for banks. For example, insurance companies take on risks related to a wide variety of losses which would not be suitable for banks. Non-depository institutions can provide a safety cushion during difficult financial times by offering credit when banks may not be willing or able to lend.


What is the role of the major non depository financial institutions in the financial system?

Non-depository financial institutions play a major role in providing financial services and credit to both individuals and businesses. Non-depository institutions frequently compete with banks in offering financial services and credit but also offer services that would not be appropriate for banks. For example, insurance companies take on risks related to a wide variety of losses which would not be suitable for banks. Non-depository institutions can provide a safety cushion during difficult financial times by offering credit when banks may not be willing or able to lend.


What is the role of the major non-depository financial institution in the financial system?

Non-depository financial institutions play a major role in providing financial services and credit to both individuals and businesses. Non-depository institutions frequently compete with banks in offering financial services and credit but also offer services that would not be appropriate for banks. For example, insurance companies take on risks related to a wide variety of losses which would not be suitable for banks. Non-depository institutions can provide a safety cushion during difficult financial times by offering credit when banks may not be willing or able to lend.


What is the definition of cooperative bank?

Co-operative banking is a retail and commercial banking organized on a co-operative basis. Co-operative banking institutions take deposits and lends money.


What is the purpose of banks?

Purpose of bankswhat is Bank:A Bank is a financial institution which is involved in borrowing and lending money. Banks take customer deposits in return for an annual interest payment. The bank then use the majority of these deposits to lend to other customers for a variety of loans.Following are main purpose of banks:Accepting DepositsAdvancing LoansDiscounting the bills of exchangeProvide Cheap Medium of ExchangeSafe Money TransferBill PaymentsLocker ServicesInvestmentsWork by:Mamoon Aslammamon_aslam@yahoo.com03024890894


Where can you study financial courses online?

Financial courses are offered through undergrad schools, community colleges, graduate schools and private institutions. The student must decide at what level studies will take place before deciding on a school.


What is the shortest term certificate of deposit you can take out?

Many financial institutions offer short term Certificates of Deposit (CD's). The shortest terms are either 3 or 6 months.