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Why is the bikini deposit so profitable

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Mackell Barrett

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Q: Why is the bimini deposit so profitable?
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Can Owner of deposit certificate sell it?

No. A Deposit Certificate cannot be sold. It can only be cashed by the person who took the deposit certificate so buying it would be a bad idea because if anyone else tries to cash the deposit certificate, the bank will not pay them.


Are there any US Banks that provide foreign currency denominated deposit accounts if so which?

Yes, EverBank.com provides foreign currency deposit accounts.


How would you use a certificate of deposit?

well first you would start the start the deposit of your certificate. I would recomend waiting so your Certificate of deposit can mature with growth. Be sure to add the exact intrest rate of your certificate and be sure to use a calculator to determine your amount of the certificate deposit


Highest Interest in which deposit - recurring deposit or fixed deposit?

how to calculate Recurring deposit interest ?


How does a certificate of deposit work and what amts can you purchase?

A Fixed Deposit or a Certificate of Deposit is a special type of deposit account that can be opened by any customer. The customer will deposit a large sum of money with the bank for a predetermined period of time (Usually in months or years). The bank will offer a good interest rate to the customer for parking his/her money long-term with them. The customer wouldn't break his deposit mid term and keep it until maturity because if he does so, he will be charged a penalty for doing so. In terms of amount - you can purchase any amount you want. The only thing the bank might ask if you deposit huge sums of money is "source of income" and if you provide that, the bank will be willing to accept a deposit of any amount.

Related questions

Was there a saint named Bimini?

There is no Saint Bimini.


What is Bimini's population?

The population of Bimini is 1,600.


What is the official language of Bimini?

Bimini is in the Bahamas, where English is the official language.


When did Bimini Run happen?

Bimini Run happened in 1990.


How far from Jacksonville Florida to Bimini?

Bimini is approximately 310 miles from Jacksonville


how far is Bimini to Miami by car?

You can't get from Bimini to Miami by car.


When was Bimini Run created?

Bimini Run was created on 1990-10-10.


What are some tourist attractions located in Bimini?

Some tourist attractions located in Bimini are: Dolphin Expeditions, places to snorkel like Sapona, Stones of Atlantis and Bimini undersea, Bimini Water Sports, Rainbow Reef


On the the Bimini does all the poles and equipment come with the Bimini the Bimini that you put on a boat?

Usually they do. However certain modification may have to be made to the boats cockpit for the mountings


Is there a St. Bimini in the Catholic Church?

I can find no reference to any saint named Bimini.


What is the most northern island in the Bahamas?

great inagua


Where is Bimini?

India