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Certificates of Deposit

Savings instruments that are essentially free of risk, featuring a fixed term and fixed rate of return (interest rate)

1,137 Questions

Can someone else deposit a check into my account?

Yes, someone else can deposit a check into your account, but it usually requires your endorsement. You need to sign the back of the check, and the person depositing it may need to provide your account number. Some banks may have specific policies or require additional identification, so it's best to check with your bank for their rules regarding third-party check deposits.

Certificates of deposits?

form_title=Certificate of Deposit form_header=You can safely make money on your investment by opening certificate of deposit account. What maturities of Certificates of Deposit (CDs) are you currently looking for?*= _[50] What investment amounts are you considering for your CD?*= _[50] Are you aware that there is a penalty for early withdrawal from a CD?*= () Yes () No

Why do you deposit?

to buy something or relief installments or save money...

Why is fixed deposit account not a normal account?

A fixed deposit account is not considered a normal account because it requires the account holder to deposit a specific sum of money for a predetermined period, during which withdrawals are typically not allowed without penalties. Unlike regular savings or checking accounts that offer flexibility for deposits and withdrawals, fixed deposit accounts provide higher interest rates in exchange for the commitment to keep the funds locked in for the agreed term. This structure makes them more suited for individuals looking for guaranteed returns rather than everyday banking needs.

What is cash deposit adjustment?

When you have cash deposit credit adjustment how do you post it to ledger account

What is the longest period you can deposit your money for in a bank?

The longest period you can deposit your money in a bank typically varies by institution and the type of account. For fixed-term deposits, such as certificates of deposit (CDs), terms can range from a few months to several years, with some banks offering terms of up to 10 years or more. However, for savings and checking accounts, there is generally no fixed term, allowing for indefinite deposits as long as the account remains active. Always check with your specific bank for their policies and offerings.

What is bank Fixed Deposit Receipt?

Foreign Traders trade on behalf of us risking there money & trade wit commodities & foregin exchange....

What is the history of coupon booths for bank safe deposit boxes Why not simply call them booths Did they need coupons to enter in olden times?

i have been in the bank construction/renovation industry for many years and this is what was told to me by people who taught me everything about the banking business: Back when bearer stock certificates were issued, possession of the certificate was proof of ownership and were kept in a safe deposit box. Several coupons were attached to the certificate and when they reached maturity, they were cut out in the "coupon booth" room and presented it for payment.

JM-New Jersey

Where can someone find a bank with the highest Certificate of Deposit rate?

There are a wide variety of sites on the internet designed to help consumers find banks with the best certificate of deposit rate. Some examples of these sites include Bank Rate and Ally.

What are the current rates for a 6 month certificate of deposit?

The current 2013 rates for a 6 month certificate of deposit depend greatly upon how much money is deposited and which company is used. Top companies include Wells Fargo and CitiBank.

Where can a person find certificates of deposit with high interest?

A person can find certificates of deposit with high interest from the following sources: Bank Rates, Bankaholic, My Bank Tracker, Money Rates, Ally Bank, to name a few.

Where can one purchase deposit safres?

Depository safes are sold at Everything Furniture, Factory Express, Global Industrial, Grainger Industrial Supply, Home Depot, Knobs and Hardware, Linens 'n Things, Meijer, and Nationwide Safes.

Where can one find information on how to get the best certificate of deposit rate?

One can find information on how to get the best certificate of deposit rate by going to their local bank and asking someone in the investments department. One can also find this information online at various banking sites.

Where can one find a certificate of deposit CD?

A certificate of deposit (CD) can be found at most banks. CD's have different yield rates. Ally Bank, GE Capital Retail Bank and Third Federal have higher yield rates than others.

What does high yield certificates of deposit do to a savings account?

High yield certificates of deposit on saving accounts work very similar to regular savings accounts, except they offer a high return on your deposit. This happens because you are allowing the bank to invest a portion of your money, for a set period of time, any way the bank wishes. The bank guarantees your money with an insured certificate.

Where can someone get the certificate of deposit accounts?

A certificate of deposit is also commonly known as a time deposit which can be purchased in banks and credit unions that are located in the United States of America.

Where can one find a safety deposit box?

Safety deposit boxes you can usually find in banks, post offices and other institutions. Hotels, resorts and cruise ships offer safety deposit boxes, too.

What is a data deposit box used for?

A data deposit box allows a computer user to have a secure online storage facility, back-up facilities, and the ability to share information with other users as appropriate. It is not expensive to use, costing approximately $2 per GB per month.