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What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
What is a savings or deposit account?
It is a bank account where a person will make regular, monthly savings to build up capital. The savings or deposit account will not normally come with a card or cheque book and the savings in it will attract a higher rate of interest than a normal bank account. However you lose this high rate of interest if you withdraw your money suddenly or before a certain period,
How can you check your savings account on bpi family savings bank online?
You have to find out how to do this and register to do it by contacting the bank.
How can you add money to a term deposit?
To add money to a term deposit, you can make a deposit at the bank or financial institution where the term deposit is held. You can do this by transferring funds from your savings or checking account into the term deposit account.
What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
Why is investec commercial bank a deposit taking intermediary?
It have a variety of deposit account, such as check account, savings and time deposit
What do the people do to deposit their saving in a bank?
To deposit their savings in a bank, people typically visit the nearest bank branch or use online banking services to transfer funds from their personal account to their savings account. They can also deposit cash or checks into their savings account through an ATM or mobile deposit.
Is bank account an a bank deposit account the same?
No. A bank account can be a checking or savings. It is the account in your name where you deposit and withdrawl funds from. A bank deposit is when you put money into the account either by you walking into the bank and handing them cash or a check and the bank teller processes it to be put into your account. They are two different things but they are related.
What is the name of the special savings account that requires the bank and the customer to agree on the savings amount and the time that it will be on deposit?
I believe you are thinking of a certificate of deposit.
What is a saving deposit slip?
A deposit slip issued by your bank for depositing money or checks into your savings account.
What types of accounts are offered at Bangkok Bank?
There are many types of account which you can open via the Bangkok Bank. Some are Savings accounts, Current accounts, Deposit account and Fixed Deposit account.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
What is a savings or deposit account?
It is a bank account where a person will make regular, monthly savings to build up capital. The savings or deposit account will not normally come with a card or cheque book and the savings in it will attract a higher rate of interest than a normal bank account. However you lose this high rate of interest if you withdraw your money suddenly or before a certain period,
How much is an account at beneficial savings bank?
To have an account at Beneficial Mutual Savings Bank you need to deposit at least$50. The interest is compounded daily. It has the best rates also. Good place to have an account.
How can you check your savings account on bpi family savings bank online?
You have to find out how to do this and register to do it by contacting the bank.
What is an internet savings account?
"They have becomes duds, they use to be savings you can just deposit money in and they will act likes a regular bank account. but now they are gone.So long internet savings."
