Sentences with phrase «foreign currency deposits»

Not all deposits are eligible; for example, foreign currency deposits and investments in mortgages, stocks and mutual funds are not covered by CDIC.

We do not cover foreign currency deposits including US dollars.

Commenting on the policy reversal, financial sector analysts at Afrinvest Group said «CBN reneged on its earlier policy, announcing its decision to allow commercial banks accept foreign currency deposits but was not clear on whether foreign currency transfers or withdrawals can be made».

CBN had hoped to buoy foreign currency supply from independent sources through the de-freezing of foreign currency deposits, and hence help douse the pressure on exchange rate which had accentuated last week.

Concurrently, Moody's has lowered Angola's foreign - currency bond ceiling to B1 from Ba3, the foreign currency deposit ceiling to B3 from B2, and the local currency bond and deposit ceilings to Ba2 from Ba1.

Not exact matches

To make consumers notice change is afoot, new branches are being given a high - tech upgrade, along with safety - deposit boxes, free coin counters and foreign - currency ATMs.

Singapore's main growth in financial stature came after the government, at the urging of the Bank of America, decided in 1968 to allow banks to accept deposits in foreign currency.

The foreign - currency deposits now amount to $ 6.3 billion and are still rising rapidly.

Reserves tumbled from $ 36 billion before the uprising to around $ 17.5 billion in May this year, and foreign currency reserves have been further drained this month as Egypt returned a $ 1 billion deposit to Qatar and paid $ 720 million in fees to the Paris Club.

The foreign exchange broker enables deposits and withdrawals for the second most valuable virtual currency.

We are exposed to foreign currency risk as a result of operating transactions and the translation of foreign currency bank accounts and short - term deposits.

Assets likely to be held by private investors include: cash in bank deposits, securities (such as shares issued by private companies, and government or corporate bonds), property, insurance policies, foreign currencies, cars, art and antiques.

3) Take measures to protect users, including explaining that virtual currencies are not foreign or Japanese currencies and provide tri-monthly reports on transaction records, and segregate user deposits from its own deposits in a law - specified manner.

Born without memory of his past life (the title is the film's first puzzle, as it is really not so much a search for «Bourne's» identity as it is an examination of an identity at birth), Bourne finds himself oddly proficient in self - defence, preternaturally aware of his surroundings, and possessed of a Swiss bank account number (via the laser projector) leading to a safety deposit box full of enough passports and foreign currency to match his ability to speak several languages.

In addition to the standard benefits on this account, active - duty and reserve service members who arrange direct deposit will receive waivers on all non-Chase ATM transactions, free wire transfers and no foreign exchange fee on debit purchases and withdrawals in other currencies.

The Capital Markets Board (CMB) of Turkey announced on Friday it has made regulatory amendments to the financial and ancillary service regulation, with which it restricts retail leveraged trading to investors with a deposit of at least TRY 50,000 (about $ 13,500), or the equivalent in a foreign currency.

They are a portion of a portfolio consisting of cash (which can be both domestic and foreign currency) as well as any other investment that can be easily converted into cash such as certificates of deposit, money market funds and short - term government bonds.

Indexed CDs are certificates of deposit with rates determined by changes in an underlying index, common benchmark or even the fluctuation of a foreign currency.

- Foreign Currency nonresident account (FCNR)- it is same as NRE but deposits can be made in US Dollar, pound, yen, Euro.

Just read Austin's comment and I would agree with him that a drawback for most people for the foreign currency investment accounts will be the high minimum initial deposit, but I am interested.

If the foreign currency you're investing in declines, you might lose your principal, so be sure to monitor your CDs or deposit account as time passes.

Similarly you can also deposit a Foreign Currency Check into Indian Bank Account.

Trading overseas markets typically requires you to deposit funds in a foreign currency, and expose you to foreign exchange risks.

When an investment consists of foreign currency bank deposits of a single bank, there is a concentrated credit risk.

In this case, your deposits will be converted to the base currency of your account by real - time foreign exchange rate determined by your financial institution.

It is essential that any potential investors who are weighing up which final decision to make over their choice of trusted Forex broker and who are considering depositing funds in order to invest in the foreign currency exchange market should ensure that they take an adequate amount of time to weigh up all their possible options.

FCNR Account: (Foreign Currency Non Resident Account): To park your overseas earnings in Foreign Currency Fixed deposits account and mitigate the risk of exchange rate fluctuations.

I like this online bank particularly because they also have a rich stable of other financial products that appeal to me, including a high yield CD, a money market account and a roster of foreign currency certificates of deposit that can be a good fit for a well diversified portfolio.

Electronic payment transactions and items such as purchases for cashier's checks, certificates of deposit or foreign currency;

«This guarantee covers all deposits including those in a foreign currency or with terms exceeding five years.»

The amount of deposit insurance available for funds denominated in foreign currency will be determined and paid in the United States dollar equivalent of the foreign currency on the institution's date of default.

Additional: 24 - hour reception, air - conditioning, outdoor car park, conference room, foreign currency exchange, launderette, first aid, in - room safe deposit box (extra charge), free Wi - Fi service available in all apartments and public areas.

Open daily * Conference and functions facilities * Secretarial and facsimile services * Indoor heated swimming pool, spa, sauna and gymnasium * Foreign currency exchange service * Safety deposit boxes * Same day laundry / dry cleaning service * On site parking * One minute to Crown Entertainment Complex and the Melbourne Convention and Exhibition Centre * Adjacent to the Arts Centre, Concert Hall & Art Gallery of Victoria * Moments from Southbank's popular restaurant and boutique shopping precinct * An easy walk to Flinders Street Railway Station and the Central Business District

NRIs can also open the FDs or Fixed deposit account and can invest in it by depositing INR, or any other foreign currency.

FCNR Deposits: An investor looking to deposit money in foreign currency, can look at investing in Foreign Currency Non Resident (Bank) Account (FCNR (B) foreign currency, can look at investing in Foreign Currency Non Resident (Bank) Account (FCNR (B)currency, can look at investing in Foreign Currency Non Resident (Bank) Account (FCNR (B) Foreign Currency Non Resident (Bank) Account (FCNR (B)Currency Non Resident (Bank) Account (FCNR (B) A / C).

The array of features include a multi-currency wallet, foreign currency trading, plastic debit cards and deposit accounts that pay interest for ICO participants.

Depositing and keeping track of the money which is present in the vault as well as exchange foreign currency at prescribed rates

Possess sound knowledge of deposits, withdrawals and foreign currency targeted at providing clients with excellent services.