Sentences with phrase «reserves in your bank account»

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 banIn 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 banin 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.
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