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Amount raised to BGN 196,000 (EUR 100,000) effective 31 December 2010. Article 23 (7) of the Bank Deposit Guarantee Law says that the guaranteed amount for foreign currency deposits shall be paid out in Bulgarian levs (BGN) calculated using the Bulgarian National Bank's exchange rate on the first day of paying out of guaranteed deposits. Croatia
FDIC insurance covers traditional bank deposit products, including checking and savings accounts, time deposits such as CDs, money market deposit accounts, Negotiable Order of Withdrawal accounts ...
Cashier's checks are treated as guaranteed funds because the bank, rather than the purchaser, is both the drawee and drawer and is responsible for paying the amount. They are commonly required for real estate and brokerage transactions. Genuine cashier's checks deposited into a bank account are usually cleared the next day.
A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its "term".
A CD is a deposit account that provides a guaranteed fixed annual percentage yield — or APY — in exchange for locking up your money for a set amount of time, anywhere from three months to five ...
FDIC deposit insurance covers deposit accounts, which, by the FDIC definition, include: checking accounts and negotiable order of withdrawal (NOW) accounts (interest-bearing checking accounts with a hold option) savings accounts and money market deposit accounts (MMDAs, i.e., higher-interest savings accounts subject to check-writing restrictions)