Category: General (Page 3)

Certificate of Deposit – Peculiarities, Types, Pros and Cons

A certificate of deposit (CD) is a security that certifies the depositor’s rights to get the inject capital and accrued charges at the end of the validity period. The difference between a savings certificate and…

What is a Wire Transfer?

Bank (wire) transfer is when money is sent from one bank account to another. The bank transfers a certain amount to the recipient for a certain fee and at the request of the sender. The…