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Money placed in a bank account

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Julissa Garcia

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4y ago

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When do you get interest from the bank?

The bank customers 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 an interest to the customer who has placed the deposit with them.


What do banks use depositors money?

The bank customers 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 an interest to the customer who has placed the deposit with them.


Why do banks pay interest on your savings account?

The bank customers 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 an interest to the customer who has placed the deposit with them.


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.


Where is money kept?

Money is kept in the bank. The bank is big so it will surely enough will be able to fit into the bank where they put the money. Money will be taken out when you want to withdrawal your money.

Related Questions

When do you get interest from the bank?

The bank customers 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 an interest to the customer who has placed the deposit with them.


What is money placed into an account?

money in a bank account, when u put money into an account it is called a deposit.


What do banks use depositors money?

The bank customers 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 an interest to the customer who has placed the deposit with them.


Why do banks pay interest on your savings account?

The bank customers 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 an interest to the customer who has placed the deposit with them.


Money placed in an insured bank account so that it will be available for future emergencies is referred to as .?

Savings


During the great depression what happen to depositers money when a bank collapsed?

By 1933, depositors saw $140 billion disappear through bank failures. ... either closed or had placed restrictions on how much money depositors could withdraw. ... and historians have argued that the bank crisis caused the Great Depression.


How do you make a debt on doodle god?

Bank + Money = Debt Money+ House = Bank Gold + Paper= Money


What is a money bank?

a bank which holds money


What is bank money?

a bank which holds money


How do you get the money from Bank Draft?

how do you the money from the bank draft?


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.


How do you cash in the money in the bank on smackdown vs raw 2011?

win the money in the bank [ tlc ] then you will wn money in the bank