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What are special deposits?
it nnis a special deposit made with a bank for safe-keeping.
Can you make a deposit through any bank or does it have to be at the bank where the account is held?
Deposits can be made only in the bank in which you have an account. Banks that offer core banking service, give you the option of using any of their branches, but deposits can be done only in the same bank and not a different bank.
Why aren't bank deposits considered a form of bank income?
Becasue of a decision made by the banking gnomes at an impromtu meeting the league of dragon slayers in London in 1863
What is crr in bank?
The cash reserve ratio is a central bank regulation that sets the minimum reserves each commercial bank must hold of customer deposits and notes. It is normally in the form of cash stored physically in a bank vault or deposits made with a central bank. The reserve ratio is sometimes used as a tool in the monetary policy, influencing the country's borrowing and interest rates by changing the amount of loans available. Every bank that is affiliated to a nations central bank must adhere to these numbers set by the central bank.
What is a banks customer's share of the profit made on loans?
The bank customer's share of profit made on loans by the bank is called the "interest." It is the money the bank pays the customer for having their money deposited with the bank. As you know, the bank earns an interest income from loan customers for the money they lend them, and since this money they lend is taken from the deposits placed by customers, banks share the profit by paying interest to the customer who has placed the deposit with them.
What are special deposits?
it nnis a special deposit made with a bank for safe-keeping.
Can you make a deposit through any bank or does it have to be at the bank where the account is held?
Deposits can be made only in the bank in which you have an account. Banks that offer core banking service, give you the option of using any of their branches, but deposits can be done only in the same bank and not a different bank.
What wealth and bank deposit made the north in the war?
The percentage went up more in the bank deposits in the north during the war.
What is the bank customer shares of the profit made of loans?
Savings account interest and all other forms of interest earned on deposits with a bank is a person's share of the bank's profit made on loans.
Where does the bank get its money from?
Banks get their money from deposits made by customers, as well as from interest earned on loans and investments.
Why aren't bank deposits considered a form of bank income?
Becasue of a decision made by the banking gnomes at an impromtu meeting the league of dragon slayers in London in 1863
What are the items of receipts and payments in bank reconcilation statement?
In a bank reconciliation statement, receipts refers to deposits that have been made to the account in the given time period (received by the account). Payments refers to debits to the account such as ATM withdrawals and checks written.
What happens when deposits are made to a bank account after year end and the bookkeeping is done for the year and the transaction was put in the books as being made at year end?
If deposits are made to a bank account after year-end but mistakenly recorded as being made at year-end, this would result in the financial statements showing incorrect information for that period. To correct this, an adjusting entry should be made in the subsequent period to reflect the deposits made after year-end. This will ensure that the financial statements accurately reflect the timing of the transactions.
Is there a bank made by tomy products called a JeJe?
Yes. They are made of plastic, have 2 eyes and a lever that deposits the coins. It looks much like Mr. Pacman.
How many deposits were made and what were the amounts?
There were three deposits made totaling $450.
What is crr in bank?
The cash reserve ratio is a central bank regulation that sets the minimum reserves each commercial bank must hold of customer deposits and notes. It is normally in the form of cash stored physically in a bank vault or deposits made with a central bank. The reserve ratio is sometimes used as a tool in the monetary policy, influencing the country's borrowing and interest rates by changing the amount of loans available. Every bank that is affiliated to a nations central bank must adhere to these numbers set by the central bank.
What is a banks customer's share of the profit made on loans?
The bank customer's share of profit made on loans by the bank is called the "interest." It is the money the bank pays the customer for having their money deposited with the bank. As you know, the bank earns an interest income from loan customers for the money they lend them, and since this money they lend is taken from the deposits placed by customers, banks share the profit by paying interest to the customer who has placed the deposit with them.
