Sentences with phrase «bank electronic money»

No, the Federal Reserve Bank of St. Louis argues that there's only a case for Central Bank electronic money.

Not exact matches

«In contrast, savings accounts typically only allow the account holder to take money out by electronic transfer, visiting the bank or using the bank's local ATM,» she added.

«Many money market accounts allow account holders to write checks, use ATM or debit cards, make electronic transfers or bill payments, or visit a bank for transactions.»

Bank reserves are essentially electronic money which the banks hold at the central bBank reserves are essentially electronic money which the banks hold at the central bankbank.

By design, Billon is significantly cheaper than any other electronic money provider — they don't require banks to invest into new hardware, software and their integration can be implemented within 12 weeks... therefore, compared to alternatives like payment cards, checks or core - banking system architecture, Billon is 90 per cent cheaper to implement and nearly 100 per cent cheaper to operate.

The bank points out that digital currencies should not be confused with electronic money, as defined by Brazilian legislation.

Traditionally, one trusted authority (usually a bank) holds an accurate ledger of how much money each customer has, and electronic transactions are made possible by rewriting the ledger of the sender and recipient simultaneously.

They already use money in an electronic form in the reserve accounts at the central bank that can be held only by banks and other designated financial institutions.

However, in the framework of prevention activities for the legalization of incomes, received by criminal way and financing of terrorism and financing of proliferation of weapons of mass destruction, banks will have to identify suspicious financial transactions of customers that can be associated with buying and selling tokens for Belarusian rubles, foreign currency and electronic money.

The easiest way to access the money in a Sallie Mae bank account is through an electronic transfer, called an ACH transfer.

The paper goes onto show how money exists in the form of accounting entries in a computer system — a kind of electronic money that's created when banks make loans, and destroyed when those loans are repaid.

If every good must be bought with electronic money and the government forces the bank to lock the account, even friends and family can not give you money.

They recommend electronic financial services such as mobile money and e-zwich to relieve them from the hassle of going to the bank.

Drivers could pay with anonymous «electronic money» which can not be traced back to the user (see «Banking on electronic money», New Scientist, 8 April).

In his article on the dangers of online banking and electronic money, Jim Giles mentions security issues with online schemes...

The convenience of online banking and electronic money has led to a revolution in the way we save and spend our earnings.

Once you've been accepted by one of the providers you'll be taken to the loan agreement page and, if you agree with the offer, the money will be transferred to your account via electronic bank transfer - often straight away.

Sir, I have sent a product to Nigeria, now the person transfer money through Chase bank with electronic transfer.

A depository system is a system, which holds your shares in the form of electronic accounts in the same way a bank holds your money in a savings account.

For example, I use the electronic transfer feature in my bank account to send money to my investment account.

Its products include free checking, interest bearing checking and savings accounts, money market deposit accounts, sweep arrangements, commercial, construction, term loans, traveler's checks, safe deposit boxes, collection services, payroll processing, and electronic banking activities.

No electronic money movement unless you have a RBC bank account.

Most investors treat their money market funds much like bank accounts, with many funds offering check - writing and electronic transaction capabilities that resemble what you'll find from checking accounts and other bank products.

If the party you are paying can not accept electronic transactions, visit your bank and withdraw money from the savings account to be used to purchase a money order or cashier's check to mail to the company.

An entire decade of near - zero percent rate policy and electronic money printing by central banks has forged an unsustainable debt path.

Of course, online banks offer simple electronic transfers from a local bank account, if you have one — so you can make deposits locally, then transfer the money to an online account.

The company also provides mortgage lending; treasury management services for businesses, individuals and non-profit entities including wholesale lock box services; remote deposit capture services; trust and wealth management services for businesses, individuals and non-profit entities including financial planning, money management, custodial services and corporate trust services; real estate appraisals; credit - related life and disability insurance; ATMs; telephone banking; on - line and mobile banking services including electronic bill pay; debit cards, gift cards and safe deposit boxes, among other products and services.

No, because Fidelity uses electronic funds transfer (EFT) to move money from your bank.

provide the broker with money (for instance, provide them with your bank account number and transfer money via electronic funds transfer... or mail a check)

If you're going to do an electronic funds transfer (EFT) to open the new account with money from your old account, you'll need your old account number and the bank's routing number, which can be found on the bottom of your checks.

Now that many more Social Security recipients are entering the electronic banking world, I expect that more than a few will find themselves trying to get money back from a judgment creditor who found a co-mingled account.

Because in the past some of these companies have actually stolen their client's settlement money, these days they often only collect directly from you their «fee» (up front, of course, and usually by automatic electronic transfers from your bank account).

RentTrack can facilitate the creation of a merchant account through a third - party licensed money transmitter for the collection of electronic check and credit card payments which can be distributed into your bank account.

The remaining payments are made with electronic payment instruments (such as online banking and electronic transfer) and prepaid cards (such as subway cards and money orders).

Cash accounts generally work the same as new accounts e.g. Allowing money to be paid in via employer, bills to be set up via direct debit, online / telephone payments / banking and lastly electronic money transfers.

Electronic bank transfers are the easiest and fastest way to move money into your Vanguard accounts so you can satisfy a margin call.

To move money into your account through electronic transfer, you'll need your bank routing and account numbers, which you can find on your checks.

Automatic Investment Plan: You may participate in the Funds» Automatic Investment Plan, an investment plan that automatically moves money from your bank account and invests it in a Fund through the use of electronic funds transfers or automatic bank drafts.

Automatic Withdrawal Plan: If your individual account, IRA or other qualified plan account has a current account value of at least $ 50,000, you may participate in the Funds» Automatic Withdrawal Plan, an investment plan that automatically moves money to your bank account from the Funds through the use of electronic funds transfers.

I was given an electronic bank so that I would be encouraged to save my money, but I had the desire -LSB-...]

When setting up with another bank an ACH Payment, ACH Credit, or arranging for Direct Deposit to your Smart Money Market Account or Smart Savings Account, for electronic processing purposes please designate «Checking» as the account type.

In terms of Electronic Fund Transfer, which online banks mentioned in the chart above is easy for linking an external account and transferring money back and forth without any fees?

Money market savings accounts offer more flexibility, with some banks allowing you to have a debit card or access funds through an ATM, whereas savings accounts are limited to electronic transfers or calling the bank to withdraw funds.

Checked baggage should not include fragile or perishable items; electronic equipment; money, bank cards, keys, jewellery, valuables, fur; antiques and art works; technical documentation, business papers, and securities; medication and medical papers; photographs, passports, and other identity documents; unique or irreplaceable items.

Every programmer who is working 80 + hours for weeks on end to bring you electronic joy could make more money and lead a more balanced life working on banking software.

To use it, I go to a virtual «bank» and buy some electronic cash using «real» money.

Creative Computing: Building a Knowledge Bank — A legal electronic research database can save time and money.

Banks are known to close mortgage financing on the basis of documents in Portable Document Format (PDF), often with signed paper documents to follow — but the money changes hands on the strength of the electronic versions (and no doubt on the presence of considerable other legally enforceable security).

Lawyers» computers also, in many cases, provide access to actual funds, in the form of trust account monies accessible via electronic banking.

IFSC code helps ensure safe transactions through National Electronic Funds Transfer (alternately NEFT), Real Time Gross Settlement (alternately RTGS), Immediate Payment Services (alternately IMPS), Centralized Funds Management System (alternately CFMS) or bank - to - bank electronic Instant Mobile Money TransfeElectronic Funds Transfer (alternately NEFT), Real Time Gross Settlement (alternately RTGS), Immediate Payment Services (alternately IMPS), Centralized Funds Management System (alternately CFMS) or bank - to - bank electronic Instant Mobile Money Transfeelectronic Instant Mobile Money Transfer service.