Sentences with phrase «holding separate bank accounts»

Not exact matches

You should have at least two separate business accounts, one that can be used for daily spending linked with your Debit Card (typically a checking account) and a 2nd account for holding larger amounts that has no cards or online banking linked to it.

Holding both a checking and a savings account at Chase will let you transfer funds more quickly and cheaply than keeping them at two separate banks.

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

Is this CIBC product legally considered a separate account with a separate institution, or would it apply against the other brokerage account holdings (for example, a TD Bank GIC) when calculating the CDIC holdings.

For example, let's assume you have three separate accounts at Bank XYZ: a checking account holding $ 10,000, a second checking account holding $ 50,000, and a $ 60,000 CD, for a total of $ 120,000 on deposit.

This payment will be held by an impartial third party in a separate bank account until the contract has been negotiated and the deal has been closed.

This is the separate bank account to hold the estate funds.

The court held that when the husband deposited inherited funds into a marital bank account and then used the bank account for marital purposes, the separate funds transmuted into marital property.

If Pinsent Masons» UK offices hold client money in a separate designated client account opened on your behalf, you will be entitled to receive all the interest credited on that account by the holding bank (no de-minimis will apply).

For example, if a spouse depletes marital money in a jointly - held bank account, while holding onto the separate money in his own bank account, the court may consider this during divorce proceedings.

My current LLC is active with bank accounts, but I have a separate trust that «holds» my funding.