This can include making a large downpayment; showing an exceptionally - high credit score; or having large amounts of
reserves in the bank accounts and investments.
Your Mortgage lender will require you to have a certain amount of cash
reserves in your bank account when you get a mortgage.
This can include making a large downpayment; showing an exceptionally - high credit score; or having large amounts of
reserves in the bank accounts and investments.
This can include making a large downpayment; showing an exceptionally - high credit score; or having large amounts of
reserves in the bank accounts and investments.
Not exact matches
For this reason, an entire cottage industry of armed cash pick - up and delivery companies has emerged
in states like California, Colorado, Oregon, and Washington to bring millions
in cash to entrepreneur's homes, private vaults, or
banks or local federal
reserve branches (some
banks prefer to bring the cash straight to their federal
account) for the ones with
bank accounts.
With its warnings of depleted
bank reserves, weak governance, and political uncertainty, the IMF's
account reads more like the analysis of a war - ravaged economic basket - case than the prospects for a developed economy
in one of the richest economic zones
in the world.
But the international sector involves not only export and import trade and other current
account items (emigrants» remittances, and above all, military spending) but also foreign investment and income — and foreign central
bank reserves held
in U.S. Treasury and other securities, that is, loans to the U.S. Government.
Because the current
account ran a $ 22 billion surplus, the sum of the capital
account and the central
bank account had to run a $ 22 billon deficit, and given that the former was
in $ 30 billion surplus, the later must have run a $ 52 billion deficit, that is, central
bank reserves rose by $ 52 billion.
That is why a country's current
account and its capital
account (which includes changes
in central
bank reserves) must always balance to zero.
«The consortium of 40 +
banks (known as R3cev) which aims to do just that will inevitably develop something which: is permissioned (for users and developers like the apple app store), privatized, has fees, will not be entirely transparent to everyone, will not be open - source, it will definitely be inflationary to accommodate monetary policy of debasement and fractional
reserve schemes, it will facilitate negative interest rates, central control of
accounts for suspension / freezing of funds, bail -
ins, bail outs, capital controls and transactions will include the identity of both sender and receiver and store that information
in a centralized location for the convenience of hackers.»
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.
Increases on the rate you'll get
in a savings or money market
account typically lag increases
in loan rates — and since most
banks have plenty of money
in reserves now, they have little incentive to raise the interest they pay.
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 central
bank has the monopoly on issuing currency, so if a customer withdraws cash from a demand deposit, the
bank in turn has to obtain the
bank notes by drawing down its
reserves account with the central
bank (leaving aside that
banks keep a certain amount of vault cash on hand).
That's why deposit
accounts are a
bank liability and that's why
banks hold cash
in their vaults as
reserves That cash held
in bank vaults forms the basis of the entire monetary system.
i don, t know where you got that 57millions figures and that all arsenal money
in the
bank was» tied up», as recently as 3 weeks ago it was reported (as per the swiss ramble) that arsenal had the biggest cash
reserves in world football of 159millions and this was without taking into
account the tv, s rights money which this year is being paid earlyer before the transfer window opens with arsenal topping the list ahead of leicester (93mils) with 101millions (figures confirmed by the premier league).
A federal court had required Nassau to
reserve cash
in a
bank account or put up a bond as proof it could pay.
To appeal the award, the federal court required the county to either
reserve cash
in a
bank account or put up a bond as proof it could pay.
A federal court had required the county to either
reserve cash
in a
bank account or put up a bond as proof it could pay.
Someone applying from within the United Kingdom must have at least # 800
in a
bank account, whereas U.K. graduates who have returned to their home countries and are applying to the scheme need at least # 2800
in financial
reserves.
Any change
in those genes appears to alter your mental
bank account or brain
reserve by 2 or 3 percent.
Foreign Transaction Fee When you use your Card
in another country to obtain cash or to purchase goods or services, we
reserve the right to charge your
Account a Foreign Transaction Fee equal to a
bank - imposed fee which will be a percentage of the U.S. Dollar amount of the transaction as may be disclosed to you pursuant to the then - current Rates and Fees Table.
Foreign Transaction Fee When you use your card
in another country to obtain cash or to purchase goods or services, we
reserve the right to charge your
Account a Foreign Transaction Fee equal to a
bank - imposed fee which will be a percentage of the U.S. Dollar amount of the transaction as may be disclosed to you pursuant to the then - current Rates and Fees Table.
Haverhill
Bank always
reserves the right to only open deposit
accounts for consumers and businesses
in our assessment area.
If we ask you to put your complaint or question
in writing, and we do not receive your letter
in 10
bank business days, we
reserve the right not to provisionally credit your
account.
Millions of people who don't
bank online are missing out on the best interest rates, which are increasingly
reserved for online - only
accounts, says Laura Shannon
in the Daily Mail.
Myquickpay.com
reserves the right to make adjustments to your loan approval up until you receive the funds
in your
bank account based on new information received regarding your application.
A special federal government
account operated by the
Bank of Canada to hold and conduct transactions
in Canada's foreign exchange
reserves on instructions from the Minister of Finance.
Echo Ben Voigt...
in the UK, at least, the only «linking of
accounts» I've heard of is essentially done by a
bank itself if you have two or more
accounts with them... if you go overdrawn on one, they
reserve the right to take money from another
account to cover it (not sure how often it might be used).
Also, the size of the M1 aggregate has been held down
in recent years by «sweeps» — the practice that
banks have adopted of shifting funds out of checking
accounts that are subject to
reserve requirements into savings
accounts that are not subject to
reserve requirements.
In order to increase financial stability — discouraging bank runs, for example — central banks impose reserve requirements, forcing these institutions to keep a certain portion of their funds either as vault cash or in accounts at the central ban
In order to increase financial stability — discouraging
bank runs, for example — central
banks impose
reserve requirements, forcing these institutions to keep a certain portion of their funds either as vault cash or
in accounts at the central ban
in accounts at the central
bank.
What is considered to be «cash
reserves» includes non-retirement liquid assets, such as: cash
in any
banking or checking
accounts, stocks, mutual funds, money market funds, and more.
Advocates of the bucket approach would encourage this couple to start by putting between $ 48,000 and $ 72,000
in short - term
reserves, such as
bank accounts, money market funds and certificates of deposit.
Use it as an extension (not the primary source) of your MARGIN, the foundation of which should be pure cash
reserves in a
bank savings
account.
The
reserves are
bank accounts that Tether claims have a matching number of dollars as the number of USDT
in circulation.
Essential Duties · To welcome and serve all guests
in an efficient, courteous and friendly manner whether face to face, on the phone or via email · To handle all guest compliments, comments, observations and complaints
in a timely and effective manner, achieving guest satisfaction · To
reserve, register and check out guests completely and accurately, following the procedures and policies set up for this process · To utilize proper selling techniques and strategies to maximize room and outlet revenues · To ensure the proactive building of guest history · To process credit card authorizations for each guest upon arrival and as needed during stay · To accurately post charges to group, guest, member and house
accounts when necessary · To forward messages to departments with regards to guest requests and expectations and to follow up on requests with the guest via email, phone, radio and / or trace system · To liaise with bellstaff
in order to ensure that gift delivery, luggage service, parking and rooming is taken care of
in a courteous and timely manner · To ensure the accuracy of billing for each guest · To accurately
account for daily
bank issuance · To order room drop items and ensure ancilliary charges are scheduled appropriately · Sell, make, process and mail gift certificates · To run nightly audit and separate guest tickets for
accounting · To maintain accurate house
account excel spreadsheets · To run reports and perform some
accounting duties (may include sales reports and statistics, processing and reconciling daily service charge breakdowns, completing billing instructions, etc).
Just as making deposits to your savings
account can build up cash
reserves, give you a feeling of security, and help protect you from a financial crisis if you fall on hard times, building up your relationship's «emotional
bank account» can help you enjoy peace and security
in your relationship, and protect you and your partner from a relationship crisis when things aren't going well.
In a nutshell, the new rules require
banks to hold 50 percent more cash
reserves to
account for anything that falls into the high volatility commercial real estate (HVCRE) category.
For example, let's say borrower X was a little low on their credit score due to extenuating circumstances, but had $ 2 million sitting
in a
bank account for
reserves.
Now it might make sense to have $ 100,000 (or more)
in cash
reserves in your business
account, but $ 100,000 seems to be a lot of cash for an average person to have
in their
bank account.
In this case, Qiao is alleged to have embezzled $ 50 million from the China Grain
Reserves Corp., known as Sinograin, and transferred millions of dollars from various Asian
accounts into U.S.
banks.