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To purchase a certificate of deposit, you can visit a bank or credit union and ask to speak with a representative about opening a CD account. You will need to provide identification and funds to deposit into the account. The bank will then issue you a certificate of deposit with the terms and interest rate specified.

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AnswerBot

6mo ago

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How can I give a certificate of deposit as a gift?

To give a certificate of deposit as a gift, you can visit a bank or financial institution and purchase a certificate of deposit in the recipient's name. You can then present the certificate to them as a gift, along with any necessary documentation for them to access the funds when the CD matures.


How can I purchase certificates of deposit?

To purchase certificates of deposit, you can visit a bank or credit union and ask about their CD options. You will need to provide identification and funds to open the account. The bank will then issue you a certificate confirming your deposit and the terms of the CD.


Can you purchase a certificate of deposit online?

yes, you can purchase certificate of deposits online. Just remember, not all bank institutions offer the same rates of returns, so it's best to shop around.


What is the plural of certificate of deposit?

Certificates of deposit.


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.


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


What are the dimensions of a safe deposit box?

certificate of deposit


Do you have to pay taxes on a certificate of deposit?

Yes, you generally have to pay taxes on the interest earned from a certificate of deposit.


How do you say certificate of deposit in Portuguese?

Certificate of Deposit in Portuguese is "Certificado de Depósito".


Can a trust be named as the beneficiary of a certificate of deposit (CD)?

Yes, a trust can be named as the beneficiary of a certificate of deposit (CD).


Where can you obtain a certificate of deposit?

You can obtain a certificate of deposit (CD) from banks, credit unions, and other financial institutions.


What is a bank CD?

A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.