0
No bank in any country around the globe can limit the amount of money that can be deposited into its accounts. It is your money and you can deposit it anytime you want and with any bank you want. If the amounts are huge, the banks may ask you to provide a source of income for regulatory reporting purposes. But, they can never say No to a deposit or set any limits on the same.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
The federal deposit insurance corporation insures bank deposits up to how per deposit?
100,000
The federal Deposit Insurance Corporation insures bank deposits up to how much per deposit?
100,000
Maximum how much amount can be deposited in a savings account per day in state bank of India?
Maximum Rs.49999 You may also deposit more than 50K but in that case you just need to submit Your PAN No. (permanent account number) to determine the source of the cash deposited. For more information please visit the government of India's Income tax website
What is the cash reserve ratio in India?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
What is cash reserve ratio or CRR?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
What is the maximum withdrawl amount in IOB bank ATM per day?
15Thousand....
The federal deposit insurance corporation insures bank deposits up to how per deposit?
100,000
The federal Deposit Insurance Corporation insures bank deposits up to how much per deposit?
100,000
Maximum how much amount can be deposited in a savings account per day in bank of India?
Maximum Rs.49999 You may also deposit more than 50K but in that case you just need to submit Your PAN No. (permanent account number) to determine the source of the cash deposited. For more information please visit the government of India's Income tax website
Maximum how much amount can be deposited in a savings account per day in state bank of India?
Maximum Rs.49999 You may also deposit more than 50K but in that case you just need to submit Your PAN No. (permanent account number) to determine the source of the cash deposited. For more information please visit the government of India's Income tax website
What is the cash reserve ratio in India?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
What is cash reserve ratio or CRR?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
Why was the Federal Deposit Insurance Corporation created?
It provides deposit insurance which guarantees the safety of checking and savings deposits in member banks, currently up to $100,000 per depositor per bank.
What is maximum basic salary of bank po?
whatever i know bank PO maximum salary is the approx ,starting salary is 25000 rs per month. From- Manish kumar
How do I get 1 lakh per month through bank deposit?
If you want Rs. 1 lakh per month from a bank deposit as interest you need to deposit Rs. 1.5 crores in a fixed deposit that pays 8% interest per year. @ 8% your deposit of 1.5 crores will earn Rs. 12 lakhs as interest every year which when divided by 12, you will get 1 lakh every month. Banks will be more than happy to even offer a slightly higher rate - sau 8.5 or 9% for such large deposits.
What banking is best banking?
Cash Reward:Up to $500 per Approved Funded Loans/$25 per Interest Account Deposit/ (0.5% of D .ly/nnTBbl9 Cash Reward:Up to $500 per Approved Funded Loans/$25 per Interest Account Deposit/ (0.5% of Deposit.ly/nnTBbl9
What did the federal deposit insurance corporation insure?
FDIC stands for Federal Deposit Insurance Corporation. The purpose of this is to provide "Deposit Insurance" which guarantees the safety of cash deposited in its member banks, currently up to US $ 250,000 per depositor per bank. Currently FDIC insures deposits at more than 7500 institutions in the USA. This is to ensure that customers do not lose out their hard earned money in case of bank failures or bankruptcy.
