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What else can I help you with?
What are sundry deposits?
Sundry deposits are assorted deposits that you may have. They may include having a checking and a savings account.
Can someone else open a savings account for you?
No. A Savings account can only be opened by the individual who is going to own and operate the account. Proxy account openings are not allowed in the banking industry. Unless the customer makes a trip to the bank, he/she cannot get a bank account opened.
What is deposit substitutes?
Deposit substitutes are financial instruments that serve as alternatives to traditional bank deposits, allowing individuals and businesses to earn interest or returns without holding money in a standard savings or checking account. Examples include money market funds, certificates of deposit (CDs), and treasury bills. These instruments typically offer liquidity and competitive returns, making them attractive for investors seeking to manage cash reserves while earning yield. However, they may carry different risk profiles compared to traditional deposits, often depending on the issuing institution or underlying assets.
What is an hsbc business and where can you find one?
HSBC is not a business you are able to purchase. HSBC is a bank that offers checking and savings accounts as well as credit cards. This bank is located nationally.
What are owner's savings?
owners savings
Can the Chex System close your existing checking and savings accounts from another institution?
Chex System is only a reporting agency. They do not have the ability to close an account. If an account is closed it is up to the discretion of the financial institution who issued the account to you.
What is a depository institution with at least one type of checking and one type of saving account?
A depository institution which offers checking and savings accounts is called a bank.
What is the name of the financial institution where the checking account is offered?
a bank, a savings and loans office or a co-op. these are places where you can open a chequing or a savings account or both.
Are there more fees in a checking account compared to a savings account?
Most checking accounts have no fees. Savings account has more fees than checking accounts because of the higher interest yields available in a savings account.
Is saving account a bank account?
If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.
How can you split a payment between your savings account and your checking account In the ePay function?
In the ePay function, how can you split a payment between your savings account and your checking account
In the ePay function how can you split a payment between your savings account and your checking account?
In the ePay function, how can you split a payment between your savings account and your checking account
Is it wise to combine my checking and savings account, and why?
It wouldnt be wise to combine unless you are putting money from checking into your savings. A savings account is a little more protected and shouldn't be used as a checking.
What makes a savings than a checking account account a better investment?
A savings account earns interest.
What's one difference between a checking account and a savings account?
savings account earns interest.
What are the various types of bank accounts?
* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits
What are the disadvantages of using checking accounts?
Many checking accounts do not offer interest on the money in your savings account. This is a disadvantage because the money you put in a savings account will collect interest, where a checking account will not.
