Term Deposit Account

Term Deposit Account

What Is A Term Deposit
Westpac Bank Term Deposit Rates
Term Deposit Account Meaning In Hindi
High Interest Term Deposit

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Term deposits let you invest for a set amount of time and get a fixed interest rate. They can be useful when saving for bigger items like a car, or investing when you want to be certain about the interest you'll earn. If you want to save but might need quick access to your money, a savings account could be better. Why use a term deposit. Term deposit account We no longer offer new term deposits under our Yorkshire Bank brand. We offer them under our Virgin brand, you can find more information on our Virgin Term Deposits here. Maturing Customer Term Deposits – For Yorkshire Bank customers with an existing Term Deposit only. A savings account at a bank or credit union is a good alternative to holding cash in a checking account, which typically pays very little interest on your deposit. The bank will pay interest in a. You must have an HSBC current or savings account for the duration of any Term Deposit. For joint deposits, all account holders must hold an HSBC current.
What Is A Term DepositRelated to deposit account: savings account, Demand deposit account
Bank AccountAn agreement between a bank and a person or institution, whereby the bank agrees to hold money and/or other assets on behalf of the other party. What the holder may do with those assets depends upon the nature of the account. In a checking account or a savings account, the bank holds money and pays the client a certain percentage in interest. This payment gives the bank the right to lend the money to other clients or invest it within the confines of law and banking regulations. However, the client has the right to withdraw the total amount of money on demand.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
deposit account see COMMERCIAL BANK.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O'Reilly and M Afferson
deposit account

Also found in: Dictionary, Thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia.Term deposits let you invest for a set amount of time and get a fixed interest rate. They can be useful when saving for bigger items like a car, or investing when you want to be certain about the interest you'll earn. If you want to save but might need quick access to your money, a savings account could be better. Why use a term deposit. Term deposit account We no longer offer new term deposits under our Yorkshire Bank brand. We offer them under our Virgin brand, you can find more information on our Virgin Term Deposits here. Maturing Customer Term Deposits – For Yorkshire Bank customers with an existing Term Deposit only. A savings account at a bank or credit union is a good alternative to holding cash in a checking account, which typically pays very little interest on your deposit. The bank will pay interest in a. You must have an HSBC current or savings account for the duration of any Term Deposit. For joint deposits, all account holders must hold an HSBC current.
What Is A Term DepositRelated to deposit account: savings account, Demand deposit account
Bank AccountAn agreement between a bank and a person or institution, whereby the bank agrees to hold money and/or other assets on behalf of the other party. What the holder may do with those assets depends upon the nature of the account. In a checking account or a savings account, the bank holds money and pays the client a certain percentage in interest. This payment gives the bank the right to lend the money to other clients or invest it within the confines of law and banking regulations. However, the client has the right to withdraw the total amount of money on demand.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
deposit account see COMMERCIAL BANK.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O'Reilly and M Afferson
deposit account or  time account  or  savings account an individual's or company's account at a COMMERCIAL BANK into which the customer can deposit cash or cheques and from which he or she can draw out money subject to giving notice to the bank. Deposit accounts (unlike CURRENT ACCOUNTS, which are used to finance day-to-day transactions) are mainly held as a form of personal and corporate SAVING and used to finance irregular ‘one-off payments.Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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Westpac Bank Term Deposit RatesICICI BANK UK PLC – We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268).
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a Bank is unable to meet its financial obligations. Most depositors – including most individuals and businesses – are covered by the scheme.
Term Deposit Account Meaning In HindiIn respect of deposits, from 30 January 2017, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor's accounts with us including their share of any joint account, and not to each separate account.
High Interest Term DepositFor further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call the FSCS on 0800 678 1100 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS.