Sentences with phrase «bank hold the money»

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.

This means that, if the bank holding your money fails and can not honor your withdrawal requests, your money is guaranteed (up to $ 250,000 today) by the full faith and credit of the U.S. government.

This means, CDSL and NSDL hold details of your shareholding on your behalf, just like banks hold your money in different kinds of accounts.

It's easy to forget how ludicrous the situation is: You're letting the bank hold your money, but if you don't maintain the correct balance, they'll charge you a fee.

Because the exchange holds your bitcoin for you, it works a lot like a bank holding your money.

Not exact matches

THE «for sale» sign will be swiftly put up on Great Southern's substantial land holdings as the receiver seeks to recoup money for the bank creditors

When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»

«A bank is always going to be there to hold your money,» Uster says.

That last line is key: «Increased bank reserves held at the Fed don't necessarily translate into more money or cash in circulation, and, indeed, broad measures of the supply of money have not grown especially quickly, on balance, over the past few years.»

Increased bank reserves held at the Fed don't necessarily translate into more money or cash in circulation, and, indeed, broad measures of the supply of money have not grown especially quickly, on balance, over the past few years.

Rep. Gregory Meeks, a New York Democrat, said Wells Fargo had a «culture of being fined and losing money for the bank» and held up a chart showing all of the fines and judgments that had gone against the bank since Stumpf became CEO.

Bad enough for savers — people in Denmark pay banks to hold their money, as if it were stored furniture — it could prove still worse for equity investors.

Banks would have to pay the central bank to hold their money overnight, but people might borrow more, which would be a positive.

The second big inadequacy was addressed in Stephen Gordon's piece, when he stated «[w] e used to think that the effective lower bound [on interest rates] was zero, but recent experience in Europe suggests that central banks can actually push interest rates below zero before people stop using banks to hold their money.»

It was in part an olive branch he held out to Russians who'd stashed their money in the cesspools of corruption that were the Cypriot banks: they too would be eligible for citizenship if they'd lost at least $ 3 million.

But there's a pretty good argument that payments on Argentina's euro - denominated bonds never flow through the judge's jurisdiction: Argentina gives the money to a bank in Buenos Aires, which transfers it to a bank in Frankfurt, which holds it in the name of a bank in Brussels, which transfers it to a London nominee for Belgian and Luxembourg clearinghouses, which pays it to bondholders.

Bitfinex, which is officially incorporated in the British Virgin Islands, has been fined by regulators in the United States and cut off by U.S. banks, and it has lost millions of dollars of customer money in two separate hacks, leading critics to question whether it even has the money it claims to hold.

For this, and to tie into Money 20/20, we speak with Suresh Vaghjiani from GPS, to hear about how they are looking to deliver this, as well as what the future holds from the challenger banks and what to expect from them.

Metropolitan hasn't said whether or not it plans to restore its services for the digital currency market, nor is it clear what will happen to the money that international clients have held with the bank.

In fact, PayPal has completely disrupted the financial sector because it holds more money than all but 20 U.S. banks, according to The Wall Street Journal.

You ask a multitude more about my bank account, identity, and then, depending on the recipient, Mt. Gox in this case, you just hold on to the money for an arbitrary period of time.

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.

The more money you hold with the bank, the greater your point bonus becomes.

Wells Fargo is the target of a Department of Labor probe on whether the bank has been pushing its customers to take their money out of low - cost corporate 401 (k) plans and roll their holdings into more expensive individual retirement accounts at the bank, The Wall Street Journal reported today.

This bank is obviously collapsing and any money manager who holds onto this stock for clients is in serious breach of fiduciary duty.

For example, this information may include your name, address, social insurance number, investment selection, beneficiary information, account holdings, financial situation and possibly your personal bank account information if you are signing up for certain account options that involve the transmission of money between your bank account and your account with us.

Wells Fargo is the target of a Department of Labor probe on whether the bank has been pushing its customers to take their money out of low - cost corporate 401 (k) plans and roll their holdings into more expensive individual retirement accounts at the bank, The Wall Street Journal reported.

As of December 31, 2013 and 2014, cash and cash equivalents consisted of cash in bank deposits and money market accounts held at financial institutions.

Third and finally, the traditional story misses the real function of private banks, which is to solve an information problem in the purest Hayekian senses. That is, banks are or should be specialists in risk assessment and risk taking. They should know their client, understand the local market and have their pulse on the broad economy. Arguably, if properly structured, they can and should do this better than other entities such as governments. In other words, the proper role of banks should be underwriting — lend money, hold the debt, and bear the risk. Which is a long - winded way of getting to the main point of this post.

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.

Browder said that to protect the vast amounts of money, some of which he said was in American banks, Putin launched a campaign to repeal the Magnitsky Act, a U.S. law that imposed sanctions on Russian officials whom the U.S. held responsible for the 2009 death of Russian lawyer Sergei Magnitsky, who died in a Russian jail after being retained by Browder to investigate corruption.

One proposed change relates to the tax treatment of passive investment income held by a business — that is, money earned by a business that it then saves in a bank, the stock market, real estate, or some other investment vehicle.

What any individual bank needs to hold to maintain its liquidity in the face of stochastic adverse clearings, in addition of course to reserves of outside money, is not one specific type of earning asset, but a portfolio that includes enough liquid assets, meaning assets that can be sold on short notice with negligible losses from bid - ask spreads.

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, overcoming a cultural norm is quite difficult for a group of people who are not well - informed about the advantages and disadvantages of banks, but also of holding virtual money, rather than cash.

Historically, the best money we've had for holding its value was the classical gold standard in countries without a central bank.

Allan Roth, a financial planner at Wealth Logic in Colorado Springs, Colo., says he recently met with three new clients, each holding between $ 8 million and $ 30 million in cash — all in bank or brokerage money - market accounts earning as little as 0.01 % annually.

For that reason they are investing their own money by spearheading the creation of the Asian Infrastructure Investment Bank (AIIB), the contentious new institution that has yet to receive support from the United States, Japan, or Korea, and has been held back by the incumbent Asian Development Bank in Manila.

Base money and the central bank's holdings of Japanese government bonds (JGBs) each have swollen to almost ￥ 400 trillion ($ 3.9 trillion), which is now 80 percent of the country's GDP, and they continue to expand at a pace of ￥ 80 trillion ($ 780 billion) annually.

That s my best guess as it looks now but all asset classes seemingly are being manipulated from gold to bonds to currencies to stocks.Which one breaks away from the puppet strings that the Central Banks are holding on to.Fascinating that the dollar is surging causing gold and commodities money to be diverted to stocks.Is the dollar being purchased by our Fed?

If this new legislation is passed, it will likely just require that banks hold onto more money for emergencies, in reserves, rather than actually separate deposits and lending activities from speculative ones.

Option (e) remains extremely risky given the massive levels of outstanding government debt (and potential for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.

All investor funds are held in a separate Barclays Client Money bank account and don't form part of LendingCrowd's assets.

Unlike the traditional payments systems where Visa / Mastercard, Banks or Paypal run the network, control the transactions and hold your money...

When banks and other private - market intermediaries acquire base money, they do so, not for the sake of holding on to it, as they might were they mere warehouses, but in order to lend or otherwise invest it.

Can we really trust the promises made by central banks for our money held via DLTs and blockchains?

Those «excess reserves» include a huge chunk of money held there by foreign banks who are only too happy to receive 1 % on their holdings from the Fed given that their own central banks are paying 0 %, or even negative rates.

Jim Rogers, financial guru and chairman of Rogers Holdings, sat down with a German news outlet this weekend in which he argued that central banks worldwide are printing money against gold and it can't last forever, which will lead to a collapse in... [Read more...]

When the group of authorised money market dealers was a conduit between the Reserve Bank and the banking system, banks held an average of over $ 4 billion in settlement balances with the authorised dealers.

You can get that from a model where the Bank of Canada holds the money stock constant, and the demand for money gets increasingly interest - elastic at lower interest rates so the LM curve gets flatter.