Banks with basic deposit accounts
enjoy zero reserve requirement ratio as perks.
"Moreover, these efforts contribute in reducing the costs and alleviating the burden imposed on the government authorities in the development fields, in addition to supporting the saving efforts through opening deposit accounts
in the bank."
Another advantage is that the borrower also has access to the funds held on the linked deposit account
. You can withdraw funds as and when required.
In many respects, local branch managers are now part of the face of our business services department, especially for business deposit accounts
. Branch managers target and visit prospective business members in their areas.
In conjunction with the NRI dual deposit account
launch, the bank is offering an early bird lifetime zero balance in their savings account in India, if the account is opened within the first six months of the launch.
ACCORDING to two Tees businesses, a good relationship with your bank is worth more than good interest rates Middlesbrough's Yvette Sheekey, who runs Penelope's Pitstops - a garage exclusively aimed at women drivers - said: "When you're running your own company, looking around for better deals on your deposit account
becomes a low priority - but really it should be a high one.
But a new report slates National Savings' Bonds as "complicated and opaque" and offering returns no better than a deposit account
"Many people have money sitting in an old deposit account
at an uncompetitive interest rate.
has announced advanced deposit account
functionality on ingenta.com in order to allow library services to offer greater account control and more organizational tools through which to track patron spending.
Ante-post wagers will be honoured through the deposit account
, which will have the same number as the internet account but starts with the letter K.
NEWCASTLE Building Society (0845-606 5522) has launched the Guaranteed 5 Star Bond deposit account
The new rate means depositing 1 million yen in the bank's ordinary deposit account
generates interest of 10 yen a year.