Ads
related to: deposit large amount of money in a bankrates.savingsaccounts.com has been visited by 10K+ users in the past month
mybanktracker.com has been visited by 10K+ users in the past month
moneyrates.com has been visited by 10K+ users in the past month
accounts.bestrates.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
This means the money in your accounts — checking, savings, money market, etc. — is automatically protected up to a certain amount (usually $250,000 or more) against bank failure.
When you make deposits at an FDIC-insured bank, your money is insured up to $250,000 per depositor, per ownership category. (Joint accounts are insured up to $500,000.)
What is the safest way to deposit a large amount of cash? There is no one “safest way” to deposit more than $250,000 into a bank. You can use any of the methods we’ve included based on ...
At each FDIC-insured bank where you have deposits, your money, up to $250,000, is protected. For example, if you have $250,000 in deposits at Bank A and $250,000 in deposits at Bank B, you are ...
Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer (depositor) relationship is one of debtor-creditor. Some banks charge fees for transactions on a customer's account.
While your online-only bank might allow you to make cash deposits via its network of ATMs, if you’re talking about a lot of money, that, coupled with daily limits, could be a cumbersome process.