Certificate of Deposit?

1 Answer

Answer :

form_title=Certificate of Deposit form_header=You can safely make money on your investment by opening certificate of deposit account. What maturities of Certificates of Deposit (CDs) are you currently looking for?*= _[50] What investment amounts are you considering for your CD?*= _[50] Are you aware that there is a penalty for early withdrawal from a CD?*= () Yes () No

Related questions

Description : What bank in my area will give me a high certificate of deposit interest rate?

Last Answer : A quick search at a place like Bankaholic will give you the highest CD rates available throughout the country. You can get a CD anywhere, it is not tied to your local area, and by doing so, you ... deals throughout the US. Unless you are lucky, you will not get the best rate in your local area.

Description : Is there any way to avoid getting an early withdrawal penalty from a certificate of deposit?

Last Answer : If it has a call option that is excercised No, there is no way of avoiding penalties for withdrawing your money early from a Certificate of Deposit. Therefore, if you are uncertain whether you will be able to hold off on withdrawing early, it is best to put your money in a Money Market account.

Description : What should I do if I lose the actual document for my bank certificate of deposit?

Last Answer : In if you lose the actual document for my bank certificate of deposit. You can do 2 thing ask the bank for another copy or if have a online bank you can obtain your history.

Description : What certificate of deposit rates should I expect in today's market?

Last Answer : The rates will vary depending on the amount of cash put in the cd and how long you will keep it there. A three month cd can have a rate of .89% and a jumbo five year could have around a 3% rate.

Description : What is the current certificate of deposit rate at Wells Fargo in Texas?

Last Answer : It depends on how long, for a 15 month cd term it is .55% and it goes up from there as the cd term length goes up. 21mo- .9%, 28mo= 1.4% etc

Description : How do I get the best high certificate of deposit interest rates?

Last Answer : You will recieve a higher rate of interest as your deposit amount increases.

Description : Do I need a certificate of deposit to deposit money into my account?

Last Answer : You do not need a certificate of deposit (also known as a CD) to deposit money into an account - unless you are attempting to deposit money into a CD account. Most banks only require you to ... speaking, however, you should not have to open a CD to deposit funds into a regular checking account.

Description : What is the bank with the highest Certificate of Deposit interest rate?

Last Answer : Everbank has a very high interest rate right now.

Description : What are the current certificate of deposit rates?

Last Answer : Some of the current CD rates are: 1.150% offered by CitBank and Doral Bank; 1.120% by AloStar Bank of Commerce; 1.030% by Ally Bank; and 1.000% by AuroraBank and OneWest Bank.

Description : What happens if I need the money from my certificate of deposit before my term is over?

Last Answer : If you need to withdraw the money from a certificate of deposit before the term is over, you usually have to pay a penalty. The penalty varies from bank to bank and depends on the term of your certificate.

Description : Which of the following is not a „Money Market Instrument‟? A. Treasury Bills B. Commercial Paper C. Certificate of Deposit D. Equity Shares

Last Answer : D. Equity Shares Explanation: There are several money market instruments, including treasury bills, commercial paper, bankers‘ acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage-, and asset-backed securities.

Description : Which of the following is the negotiable instrument? A. Fixed Deposit of a Bank B. Share certificate issued by a PSU C. Demand Draft issued by a bank D. Debenture of a company E. Airway Receipt

Last Answer : C. Demand Draft issued by a bank Explanation: A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).

Description : Which of the following is the most active segment of the money market in India? A. Commercial Paper(CP) B. Certificate of Deposit(CD) C. Call Money D. All of the above E. None of the Above

Last Answer : C. Call Money Explanation: Call money is short-term finance repayable on demand, with a maturity period of one to fourteen days or overnight to fortnight.

Description : Which of the following is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act)? A. Commercial Paper B. Treasury Bills C. Certificate of Deposit D. Both (A) and (C) E. None of the Above

Last Answer : C. Certificate of Deposit Explanation: CD is subject to payment of Stamp Duty under Indian Stamp Act, 1899 (Central Act).

Description : A trad-able form of loan is normally termed as ________ A. Certificate of Deposit (CD) B. Inter Bank term Money C. Bill Re-discounting D. Debt Instrument E. None of the Above

Last Answer : D. Debt Instrument Explanation: A trad-able form of loan is normally termed as a Debt Instrument. They are usually obligations of issuer of such instrument as regards certain future cash flow representing Interest & Principal, which the issuer would pay to the legal owner of the Instrument.

Description : The following records may not be destroyed without the special permission of the Head of the Circle a) Post office order book b) Register of undeliverable pass books in deposit in the head office c) ... or connected with the cases which have not been fully decided or closed e) All the above

Last Answer : e) All the above

Description : Mark correct option related to bulk bag system under foreign post a) Application for bulk bag facility should be made to Head of the circle b) Special bags of printed newspaper to/from addressees/sender in ... in cash or POSB certificate pledged to Head of the circle. e) All the above are correct

Last Answer : e) All the above are correct