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Banks can accept deposits in their registered branches, ATM Machines and coin deposit machines. Apart from this, they have check/cheque drop boxes in many places where customers can drop off checks/cheques in their name into their accounts
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What do the bank do with the deposite which they accept from the public?
(A) Long term deposits (B) Short term deposits (C) Only Call deposits (D) Medium term deposits (E) All of the above
Is yes bank an foreign bank?
No. YES Bank is a scheduled commercial bank that is allowed to provide banking services to the citizens of India. They can also accept fixed deposits from customers and pay interest on it. It is a private bank that is not owned by the government of India.
Are deposits assets or liabilities of a bank?
Customers deposits in a bank are the bank's liabilities because they are OWED to the customer.
How long does it take for an envelope deposit to process?
Envelope deposits are manually counted, they will deposit the funds into your account usually within 24 hours. Note: The bank does not accept deposits at ATMs that we do not own or operate.
Is yes bank a commercial bank?
Yes. YES Bank is a scheduled commercial bank that is allowed to provide banking services to the citizens of India. They can also accept fixed deposits from customers and pay interest on it. It is a private bank that is not owned by the government of India.
What do the bank do with the deposite which they accept from the public?
(A) Long term deposits (B) Short term deposits (C) Only Call deposits (D) Medium term deposits (E) All of the above
Is yes bank an foreign bank?
No. YES Bank is a scheduled commercial bank that is allowed to provide banking services to the citizens of India. They can also accept fixed deposits from customers and pay interest on it. It is a private bank that is not owned by the government of India.
Are deposits assets or liabilities of a bank?
Customers deposits in a bank are the bank's liabilities because they are OWED to the customer.
How long does it take for an envelope deposit to process?
Envelope deposits are manually counted, they will deposit the funds into your account usually within 24 hours. Note: The bank does not accept deposits at ATMs that we do not own or operate.
Is yes bank a commercial bank?
Yes. YES Bank is a scheduled commercial bank that is allowed to provide banking services to the citizens of India. They can also accept fixed deposits from customers and pay interest on it. It is a private bank that is not owned by the government of India.
What were American bank deposits in 1995?
In 1995, $2.7 trillion was held in American bank deposits
Why central bank does not accept deposit of the customer?
Central banks are the regulator or supervisors of banking operations in a country. Individuals cannot have bank accounts with them. Only banks that are authorized to provide banking services in the country are allowed to have accounts with the central banks. Since they are not a regular commercial bank, they don't accept deposits from customers.
Is yes bank is scheduled bank or allowed for deposit receipt by RBI?
Yes. YES Bank is a scheduled commercial bank that is allowed to provide banking services to the citizens of India. They can also accept fixed deposits from customers and pay interest on it. It is a private bank that is not owned by the government of India.
Are bank deposits subordinated debt?
Subordinated debt is a debt that ranks lower than bank deposits. From this point of view subordinated debt can't be deposits
What does the Federal Deposit Insurance Corporation do?
It acts as an insurer of bank customer deposits. A+
A person who handles deposits and withdrawals in a bank?
A Bank Teller
Where do offshore banks furhter invest the deposits?
The deposits bank on further invests!
