Sentences with phrase «on bank deposits for»

This plan Vs Bank Deposits: The current interest rate on bank deposits for Sr..

Not exact matches

The answer is straightforward: The Bank of Japan can buy government bonds on the open market, paying for them with either currency or deposits at the Bank of Japan, what economists call high - powered money.

With liquidity set to remain high for the foreseeable future money market experts are instead focused on whether the ECB could copy Denmark's example and start charging banks to deposit cash overnight with it.

With it set to remain high for the foreseeable future, money market experts are instead focused on whether the ECB could copy Denmark's example and start charging banks to deposit cash overnight with it.

With it set to remain high for the foreseeable future, money market experts are instead focused on whether the ECB could copy Denmark's example and start charging banks to deposit cash overnight.

But at that bank, receivables financing involved cash - management fees: $ 85 a month for a lock box, 40 cents per check deposited in the lock box, $ 16 a month for account processing, and $ 75 a month for the ability to check postings on - line.

For drunk driving, for example, one's score plummets straight to a C. On the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loaFor drunk driving, for example, one's score plummets straight to a C. On the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loafor example, one's score plummets straight to a C. On the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loanOn the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loafor free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loafor an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loanon bank loans.

Euro zone officials have long debated setting up a deposit insurance scheme but Germany opposes this, fearing that German taxpayers would be asked to foot the bill for bailing out weaker banks on the currency bloc's periphery.

First, substantial direct or indirect wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).

As interest rates in Europe fell to unfathomably low levels over the last decade, lenders found themselves in a tough position: Mortgage interest — and therefore income — fell in lock step with the Euribor, and yet banks only had so much leeway to cut interest paid on deposits, which are their primary source of funding for mortgages.

The latter re-incorporated themselves as «banks» to get Federal Reserve handouts and access to the Fed's $ 2 trillion in «cash for trash» swaps crediting Wall Street with Fed deposits for otherwise «illiquid» loans and securities (the euphemism for toxic, fraudulent or otherwise insolvent and unmarketable debt instruments)-- at «cost» based on full mark - to - model fictitious valuations.

Alternative or additionally, U.S. dollars and / or other currency at a brokerage account, deposit account, bank account or other financial storage entity can be exchanged for one or more SETLcoins in virtual wallet on the peer - to - peer network.»

Based on its capitalization and deposit base, the bank would make loans to Massachusetts cities and towns for infrastructure projects.

The central bank's negative interest - rate policy - which effectively charges commercial lenders for deposits - has also increased pressure on lenders to put money to work, prompting Japan's roughly 100 regional banks to raise efficiency or merge.

PNC's focus on using web solutions to deliver added customer convenience is also apparent in its deposit account products like Virtual Wallet, which may make the bank convenient for you as a place to centralize all your finances.

While the Federal Reserve decided in December to increase short - term interest rates, that hasn't yet translated into significant increases in deposit rates paid out by banks on safe, federally insured deposits — the kind of accounts consumers might want to use for an emergency fund or for parking cash they expect to use in the next month or two.

Synchrony Bank, for instance, offers more than 2 percent on its 60 - month C.D., but you must deposit at least $ 25,000.

Many times, as a broker, one may encounter loan requests that are too small for a national lender and would be best handled on a local level where the bank can capture a deposit relationship along with the loan request.

On the spending side of the ledger, the priorities have been agriculture support (after two weak monsoons), rural development spending, infrastructure investments and a massive structural shift to direct benefit transfers deposited in the bank accounts of beneficiaries — made possible by the extraordinary biometric identity card program (Aadhaar) covering 950 million people, and the impressive financial inclusion initiative which has opened over 200 million new bank accounts for impoverished families.

In other words it would be better for the ECB to circumvent the banks, not to rely on them to create loans and hence deposits at a time when they are suffering impaired balance sheets.

Federal deposit insurance, since its birth in the 1930s, has meant that a comparatively risky bank (one with capital less adequate to cover potential losses on its asset portfolio) no longer faces a penalty in the market for retail deposits.

Attempts to price deposit insurance according to risk, so as to recreate a penalty for holding on a risk bank portfolio, were mandated by the FDIC improvement act, but the attempt has failed.

Given the ECB's paltry 1 % reserve requirement, banks can theoretically extend credit from thin air at a rate of 100 euros for every euro they have on deposit.

While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.

Today adjusted for the 33 % growth in total bank assets, US banks should be paying well more than $ 100 billion on various sources of funding, from deposits to short - term borrowing from other banks to bond investors.

While we expect one more interest rate hike this year given Fed Chairwoman Janet Yellen's most recent comments at Jackson Hole, financials may benefit from widening net interest margins (the spread between what banks make on loans and what they pay for deposits.)

The Bank of Japan wants the banks to lend, so rather than give them any interest on money deposited with the Bank of Japan, they are (subject to some specific conditions) actually charging them for leaving money parked.

Instead, when the Fed makes its first rate hike — something that probably won't happen until at least September - 2015 — it will do so by 1) raising the interest rate paid on bank reserves, 2) increasing the amount that it pays to borrow money via Reverse Repurchase agreements, and 3) boosting the rate that it offers to financial institutions for term deposits.

The importance of these insights for a proper understanding of central banks» devices for monetary control becomes instantly apparent once one realizes that, by regulating the actual quantity of its outstanding notes and deposit balances, together with the terms upon which it is willing to make more of the last available on credit to private sector financial firms, a central bank is able to influence, not just the quantity of circulating paper money, but the quantity of money substitutes created by the private sector.

Not surprisingly, those five banks hold insured deposits for savers while simultaneously engaging in highly leveraged, high risk trading on Wall Street.

However, we also considered the additional conditions that account holders must meet at different banks if they want to qualify for the maximum rates on their deposits.

When you convert a bank deposit into cash, you don't have to pay a tax on that transaction, or calculate a cost basis for that conversion.

As I've explained more than once in this forum, this expression is merely economists» shorthand, serving to describe the process that begins with banks crediting borrowers» accounts with lent sums, is followed by the borrowers» drawing on their borrowed deposit credits by writing checks or otherwise transferring funds to various payees, and finally, other things equal, by a transfer of reserves from the lending bank to the payees» banks, for the sake of settling inter-bank dues.

The Philippine Stock Exchange (PSE) index pierced the 7,000 - mark on April 22 for first time, a surge built on optimism that lower bank deposit...

Such is the case for the Fed's power to pay banks interest on their Federal Reserve deposits.

No - it provides for a haircut on depositors that is being called a «stability levy» amounting to 9.9 % on deposits over 100,000 euros, and 6.75 % below that level, exchanging their deposits for shares of stock in those teetering banks.

Once a bank has built up a reputation of solidity, it will be fairly easy for it to just keep a fractional reserve at hand — this is to say, instead of actually warehousing the entire amount on deposit, it will only keep a certain percentage at hand that it estimates will suffice to satisfy withdrawal demands in the «normal course of business».

For lenders, such as banks and credit unions, cost of funds is determined by the interest rate paid to depositors on financial products, including savings accounts and time deposits.

For example, if I deposit a $ 1,000 check in my bank that you've written on your bank, what happens?

With a small but competitive set of deposit accounts, Ally Bank is a good choice for people who are interested in simple accounts that they can manage entirely on their own, with strong customer support options available when things get complicated.

According to the aggrieved victims, it is strange that, the opposition leader and his party mounted pressure on government over DKM Microfinance defrauding customers and called for a refund of deposits to the swindled customers, yet failed to demand same from their MP whose bank has gone bankrupt.

A customer told Ghana Breaking News that few months ago; the Anyinam Branch decided to embark on a demonstration against the Hon Amankwa Asiamah for the bank's inability to refund their deposits and investments.

Hundreds of victims of bankrupt Fanteakwa Rural Bank, established by the opposition New Patriotic Party Member of Parliament for Fanteakwa North Constituency, Hon.Kwabena Amankwa Asiamah, on Wednesday demonstrated in Koforidua, the Eastern regional Capital with a call on the opposition leader to mount pressure on the MP to refund their huge sums of deposits locked up with the bBank, established by the opposition New Patriotic Party Member of Parliament for Fanteakwa North Constituency, Hon.Kwabena Amankwa Asiamah, on Wednesday demonstrated in Koforidua, the Eastern regional Capital with a call on the opposition leader to mount pressure on the MP to refund their huge sums of deposits locked up with the bankbank.

the secretary of the party must lodge with the Electoral Commission, by noon on nomination day, a deposit (in the form of money, a bank draft, or a bank cheque) of the amount payable under section 146F (1) for a constituency candidate nominated in a bulk nomination schedule, unless the Electoral Commission holds the amount of the deposit paid under section 146F (1) in respect of the candidate whose nomination was withdrawn or (as the case may be) who died or became incapacitated.

A cash deposit in a London bank on behalf of Asantehene, Otumfuo Osei Tutu II has resulted in the dismissal of a bank employee for allegedly failing to follow anti-money laundering policies.

cash deposit in a London bank on behalf of Asantehene, Otumfuo Osei Tutu II has resulted in the dismissal of a bank employee for allegedly failing to follow anti-money laundering policies.

Lawyers for Mr Arthur argued that his handling of the deposit was in line with the way the bank previously handled Otumfuo's account and that he was aware that the king could travel on a diplomatic passport.

«On 17th December, 2014, our company's FCT dealer who lives and works in Abuja at the instance of the dealer (Axxent Consulting & Infrastructure Limited) requested for our ICT goods and asked its forex seller to deposit and transfer into our domiciliary account in Zenith bank Plc a sum of $ 330,000.

CBN had earlier announced new charges on deposit and withdrawals above a threshold of N500, 000, instructing banks to charge 5 % and 10 % for deposits and withdrawals above N40m in the corporate category.

Subsequent to this judgment, the B&ECPL continued the above established practices for this account and on May 18, 2006 adopted Resolution 2006 - 19, which provided the B&ECPL Director or designee the authority to periodically transfer balances from the Encore Editions bank account to the B&ECPL Trust Account on deposit with the Erie County Comptroller to earn interest until such time as they are needed for the uses identified above.