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No bank in any country around the globe can limit the amount of money that can be deposited into its accounts. It is your money and you can deposit it anytime you want and with any bank you want. If the amounts are huge, the banks may ask you to provide a source of income for regulatory reporting purposes. But, they can never say No to a deposit or set any limits on the same. Irrespective of whether the person depositing is an individual customer or a corporation
What else can I help you with?
Money you deposit into a savings account could be insured by the federal deposit corporation up to what amount?
$250.00
Money you deposit into savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into a savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
What is a government owned corporation?
Federal Deposit Insurance corporation
What are the benefits of joining the Federal Deposit Insurance Corporation?
The Federal Deposit Insurance Corporation (FDIC) is an American government insurer that guarantees deposit accounts in participating banks and thrifts in an amount up to $250,000. This coverage guarantees that depositors will not lose their savings up to the insured amount should the bank fail. While the banks pay a premium to the FDIC for this insurance, it is to their benefit as many individuals, organizations and businesses will not deposit funds with an institution that is not FDIC insured.
What amount you deposit into a saving account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into a savings account could be insured by the federal deposit corporation up to what amount?
$250.00
Money you deposit into savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into a savings account could be insured by federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into a savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
When was Federal Deposit Insurance Corporation created?
Federal Deposit Insurance Corporation was created in 1933.
When was Nigeria Deposit Insurance Corporation created?
Nigeria Deposit Insurance Corporation was created in 1988.
When was Canada Deposit Insurance Corporation created?
Canada Deposit Insurance Corporation was created in 1967.
When did the US government establish the Federal Deposit Insurance Corporation?
The Federal Deposit Insurance Corporation was established by the US government in 1933. The amount of reserves furnished to the FDIC was $289 million which came from the US Treasury Department and the Federal Reserve.
What did congress establish to insure bank deposits?
The Federal Deposit Insurance Corporation (FDIC).
What is a government owned corporation?
Federal Deposit Insurance corporation
What are the benefits of joining the Federal Deposit Insurance Corporation?
The Federal Deposit Insurance Corporation (FDIC) is an American government insurer that guarantees deposit accounts in participating banks and thrifts in an amount up to $250,000. This coverage guarantees that depositors will not lose their savings up to the insured amount should the bank fail. While the banks pay a premium to the FDIC for this insurance, it is to their benefit as many individuals, organizations and businesses will not deposit funds with an institution that is not FDIC insured.
