If a country seemed likely to leave the euro but its deposits were guaranteed in euros, people might be tempted to borrow heavily in their local market and deposit the proceeds in their bank.
Some thought that physical gold would be a lot safer than a deposit in an insolvent bank.
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Justice Lewis Powell raised this concern in Deposit National Bank v.
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Over-payment fraud, the victim receives an invalid monetary instrument with instructions to deposit it in a bank account and send excess funds or a percentage of the deposited money back to the sender.
Incorporating physical security with electronic security, each flash drive from various manufacturers is duplicated several times and, together with a CD-ROM, those items are vaulted in a bank safety deposit box in three different legal jurisdictions.
As now, anyone paid by cheque will deposit it in their bank, to be sent on to various clearing houses, which route the cheque back to the issuer's bank for payment approval and the transfer of funds.
Buyers of Iranian oil and gas must deposit payment in a local bank account and it cannot be transferred abroad.
The United Arab Emirates has promised to deposit money in the Central Bank, and Saudi Arabia, which fell out with Jordan during the Gulf war over its forgiving stance towards Iraq, has promised to resume its once-huge handouts.
Turn U.S. dollars into Hong Kong dollars, deposit them in a Hong Kong bank and you earn 12% (annualized) for a one-month deposit.
On the good side, it brought in bank-deposit insurance (a wise move, though not without problems).
Any sign that local investors have yet to be persuaded will be read first in bank-deposit figures.
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On the surface this is an interesting debate, but capitalism is a system where capital is rewarded for its application, be it in industry or in a bank deposit account.
As part of the ongoing scheme, employees and vendors were paid in cash while hundreds of thousands of dollars were hidden in the restaurants, in personal safes, and in bank safe deposit boxes.
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Waterhouse, the industry number two, owned by Toronto-Dominion bank, is ahead in offering bank accounts that carry federal deposit insurance.
Risking stock ownership for a 1.90 dividend yield does not look so bad when bank deposit rates are in single digit basis points.
The court order said Sahara had "no right to collect" the funds "without complying with any regulatory provisions" and ordered the group to deposit the refunded money in a nationalised bank.
In 2002 billionaire banker Andy Beal had his Beal Bank sue the Federal Deposit Insurance Corp. in a lawsuit that accused the FDIC of originating faulty subprime mortgages to unqualified borrowers.
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Ominously, the Federal Deposit Insurance is staffing up in anticipation of bank failures.
The Prudential Regulation Authority, which will become the UK's regulator for deposit-taking institutions in April under the Bank of England, would have the power to ensure the ring-fenced bank to carry on with its business.
To deal with the potential problem that some farmers might get disillusioned and withdraw early - creating perturbation - each group will have to deposit enough money into a bank account in advance to cover the entire cost of a four-year operation.
He adds that another big benefits of this sort of collectible is that, unlike art or wine, which can be very expensive to store and insure, the notes and documents that he does not keep at home can be stored in archival folders in a common bank safety deposit box and insured for pennies on the dollar.
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First, because bank failures are expected to continue and increase in number, picking a bank or thrift with deposit insurance from the Federal Deposit Insurance Corp. is the best bet.
The main issue was a virtual collapse of net interest margins despite having a retail deposit franchise advantage over virtually every other bank in China.
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One useful tip from the IRS: For the speediest refund, you should e-file (80% of taxpayers did last year) and include direct deposit information so your refund magically appears in your bank account.
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The bulk of that money is now being raised by forcing losses on large deposit holders as well as bond holders in Laiki bank, which will be split into a bad bank of toxic assets and a remaining viable core business.
The Center further urges the withdrawal of U.S. and alliance bank participation in any private syndicated loans to China, bond offerings, inter-bank deposit relationships, or bank-to-bank credits.
Weak bank lending has resulted in soft deposit growth, which in turn reduced reserve requirement needs and helped market liquidity conditions.
The Social Security and pension fund annual increases based on the CPI made sense four decades ago when inflation was 12 percent and you could earn 12 percent in a plain vanilla bank certificate of deposit.
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But the tipping of that recession into depression was a result of the cascading series of bank failures in the absence of deposit insurance: that led to the calamitous shrinking of credit and the money supply.
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