It is designed to offer them a net return higher than that available direct from any building society deposit account.
The basic insurance coverage for other deposit accounts is still $100,000.
The original amount of insurance per eligible deposit account was $20,000.
Instead, they open a deposit account from which the borrower can withdraw.
In the last 18 months, as interest rates stayed low, bank customers have been pulling money out of deposit accounts.
During the retention period the money should be held in a deposit account.
Allow three weeks for a new deposit account to be activated.
She made a mental note to rifle her deposit account to buy a new one.
Sums of money not required for immediate use can be put into a deposit account on which the bank will pay interest.
Explain the difference between a current account and a deposit account at the bank.
Therefore, only margin accounts can be used to open a short position.
With a margin account, you can buy on credit.
Since 1992, it has provided shares of 50 to 100 funds from margin accounts to customers who want to go short.
If you've got your heart set on making that investment, though, you can open a margin account.
Instead, the brokers called the loans a credit line rather than a margin account, the former customers said.
Now, stocks are so popular that a state government has opened a margin account.
To be fair, this is not really a margin account.
A margin account, on the other hand, is more like a loan or a line of credit.
Individual margin accounts are a principal source of share borrowing.
If the margin account gets too low, they have to replenish it.
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