Question

 What is a bank CD ?

Answer A bank CD is called a certificate of deposit and it's a financial product offered by banks to investors. Bank CD's are low risk investments that can be converted into cash over a specified period o... Read More »
http://www.answerbag.com/q_view/1867458

Top Q&A For: What is a bank CD

What is the difference between a commercial bank and a savings&loan bank?

Both a commercial bank and a savings and loan accept deposits. But they differ in terms of the loans they primarily make and in what institutions regulate their operation.GovernanceA savings and lo... Read More »
http://www.answerbag.com/q_view/2010659

What information is needed to transfer money from bank to bank?

To transfer money from bank to bank (called wire transferring), you must know the checking account number and the routing number of both the account being debited and the account being credited. Th... Read More »
http://www.answerbag.com/q_view/2088697

What information is needed to transfer money from a Canadian bank to an international bank?

To transfer money internationally from a Canadian bank, clients must provide the recipient's full name and postal address. The recipient's bank number, the financial institution's name and the bran... Read More »
http://www.answerbag.com/q_view/2233747

What is the difference between an investment bank&a commercial bank?

Commercial banks accept deposits from individuals and businesses then loan the deposited funds out. Investment banks raise money by issuing securities such as stocks and bonds. Investment banks als... Read More »
http://www.answerbag.com/q_view/2056163


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