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Tuesday, February 5, 2008

Rules and instructions of savings banks differ substantially



Rules and instructions of savings banks differ substantially. In some deposits of establishments of a ten-kopeck coin for are once accepted; in others dollar - a limit. Deposits usually start to pull interest in the first day of each quarter, but they have the right to it, only if they remain till the end of a semestre. Thus the money deposited on 1st of January, is called on interest of six months on 1st of July though it is not called on any interest if is taken away in June. Some banks allow interest to begin on 1st of each month. The majority of savings banks does not allow to be to money taken away except for the notice of thirty days. Students of this course who are interested in maintenance of the certain information concerning this subject concerning any specific bank, should address to that bank of some its rules and instructions for the information of investors.
THE COMPANIES




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