India has more money in Swiss bank than all the other countries combined. they deposit their black money in swiss bank.This is not so surprising.Dishonest persons, scandalous politicians and corrupt IAS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $ 1500 billion, which have been misappropriate by them.
HSBC Bank is one of the Swiss banks that holds indian black money.
The bank would deposit a portion of the money with the central bank and then think of ways to lend this money and earn an income out of it.
to deposit moneyA Deposit is the act of putting money into an account.
If the deposits in one bank are insured by the government sponsored deposit insurance whereas, in another bank this insurance is not available, it means that in case the first bank goes bankrupt, the government will give me my hard earned money that I put into my account with that bank, whereas it won't do anything if the other bank that does not have deposit insurance goes bankrupt and I stand to lose my hard earned money. So, I will deposit my money only in a bank that has the FDIC insurance on deposits available.
You can put money into your bank account in a number of ways, some of them are: a. Walk into your bank, fill up a deposit slip and pay the money to the bank teller b. Walk into a nearby ATM, insert your ATM card and choose cash deposit as the option and deposit your money in the ATM c. Deposit a check into your account by using either option a or option b d. Get a funds transfer done from another account and have money deposited into your account
you can deposit at the bank
Walk into an ATM and deposit the money into your bank accountWalk into the bank branch (any bank that you have an account with) and deposit the money into your bank account
HSBC Bank is one of the Swiss banks that holds indian black money.
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)
he went to deposit his money in the bank he had to deposit 20 dollars
A deposit
The bank would deposit a portion of the money with the central bank and then think of ways to lend this money and earn an income out of it.
to deposit money in the bank you need more than what you want do deposit because the bank charges 10% of what you deposit. for example you want to deposit 1000000 dollars, you must posses 1100000 dollars to have the 1000000 dollars put in the bank.
If you have a lot of cash, you will need to deposit the money in a bank in the town you live.
The role of deposit money bank in nation
to deposit moneyA Deposit is the act of putting money into an account.
If the deposits in one bank are insured by the government sponsored deposit insurance whereas, in another bank this insurance is not available, it means that in case the first bank goes bankrupt, the government will give me my hard earned money that I put into my account with that bank, whereas it won't do anything if the other bank that does not have deposit insurance goes bankrupt and I stand to lose my hard earned money. So, I will deposit my money only in a bank that has the FDIC insurance on deposits available.