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What is a no frills account?
A 'No Frills' account is a basic banking account. Such account requires either nil minimum balance or very low minimum balance. Charges applicable to such accounts are low. Services available to such account is limited.
Disadvantages of a current account?
One of the disadvantages of a current account includes drawing a low interest rate, the initial paperwork when opening an account is lengthy and terms are difficult to understand.
How recurring deposit account is different from savings account?
Recurring Deposit is type of account where the customer deposits fixed amounts every month for a predetermined duration (6 months, 1 year etc). The money cannot be withdrawn until maturity and the bank would pay a slightly higher rate of interest due to the longer duration of the deposit. In case of savings account, there is no predetermined duration or amount and the money can be withdrawn anytime you want so banks pay you low interest on the money you hold in the account.
Why do banks offer no frill accounts?
Probably so that they can attract customers that prefer fewer amenities and fewer restrictions on the accounts. Often, if you get a student who zeros out his account often, while in college when he prefers that type of account, you can retain him as a customer later, when he starts to earn more money. Also, even though no frills accounts often attract lower deposit sizes, a lot of those low deposit sizes still adds up to a lot of money.
What is trade account?
A trading account is an account where you can buy and sell stocks and also can invest in mutual funds. By a trading account, you can earn online through buying and selling the shares or stocks. But the main thing is where should you open a Demat account for free with the best facilities. Because There are many brokers. But according to me you should open a Demat account on reliancesmartmoney. com. It is a very good place to open a Demat account. Firstly the annual charges of these are very low. This is why traders can generate the highest revenue. And secondly, here you can create an account totally free of cost. The customer service team of this company is also very active and fast. So, if anyone opens a Demat account in this company he will get the full facilities, which a perfect demat account should have. Thanks, I think i have replied you your desired answer.
What type of weather is typically associated with high and low pressure systems?
rain
Which type of pressure system typically causes severe weather?
Low pressure
What interest rates does Ulster Bank have?
The interest at Ulster Bank depends on account type. One might expect to have a rate as low as 0.01%, or as high as 2.50%, depending on the type of account you hold.
Why nickel prices are falling?
Low liquidity The fall came after a blistering rally in which the metal used to make stainless steel surged by 40% in just two weeks and on Monday breached the LME's 15% daily limit on price swings. Traders blamed low liquidity for the volatility, the most severe since March.
What is the impact of low density zoning to high density zoning?
Low density zoning spreads development further out. This type of zoning typically creates a suburban sprawl scenario.
What is a frill account?
A 'No Frills' account is a basic banking account. Such account requires either nil minimum balance or very low minimum balance. Charges applicable to such accounts are low. Services available to such account is limited.
What is a no frills account?
A 'No Frills' account is a basic banking account. Such account requires either nil minimum balance or very low minimum balance. Charges applicable to such accounts are low. Services available to such account is limited.
What is measured by the liquidity of an investment?
The liquidity of an investment measures how easily it can be bought or sold without impacting its price. Investments with high liquidity can be easily turned into cash, while investments with low liquidity may take longer to sell or may require a discount to attract buyers. It is an important factor for investors to consider when assessing the ease of converting an investment into cash.
What are the five problems of today?
1. Low liquidity in the economy (Credit Crunch) 2. Unemployment 3. GDP is coming down (I have added 3)
Where can I find the best savings account?
Typically - you will not be able to find the "best" savings account, due to the fact that savings account do not generate a lot of income regardless. Your best bet would be to use the savings account with your bank, or try out a Certificate of Deposit.
What type of cable is used with RJ-58?
The question is confusing: RJ58 is a cable. It is typically used in low-power signal and RF connection applications.
Low digit steam account?
The lower the digit count the older the account is.
