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Initially Northern Rock will offer two demanddeposit accounts which sources said would carry interest rates substantially above what is available on the domestic market.
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Last month AIB became the latest bank to cut its deposit rates, slicing its demanddeposit rate to just 0.01 per cent.
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A savings account requires a minimum balance of the equivalent of $5,000, while the minimum in demanddeposit accounts is $3,000.
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Northern Rock, the British mortgage bank, has decreased the variable interest rate on its demanddeposit account from 5.75 per cent to 5.5 per cent.
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Its deposit business includes demanddeposits, time deposits and interbank deposits.
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From my uncles to the drug dealers in St. Louis who gave me bookmoney for college-it'sthe folks who made me this way.
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His new bookMoney and Football: A Soccernomics Guide, is published on 18 June by Nation Books
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After merging its North American and international wealth management businesses this year, it sees opportunities with U.S. customers living and bookingmoney abroad.
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"I'm glad it's bookmoney," Raymer went on.
Usage of bank money in English
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The Germans are provoked that the bankmoney got out of Belgium.
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The switch will save the bankmoney over time, Moynihan said.
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It makes a profit, likewise, by selling bankmoney at five per cent.
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Cautious folk may be stocking up in case central- bankmoney printing goes terribly wrong.
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I owe the bankmoney, I can't afford to have delays at the ports.
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He was, after all, saving the bankmoney and time.
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The sum of bankmoney, for which the receipts are expired, must be very considerable.
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There are too many hotel rooms built by developers with tax breaks and easy bankmoney.
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Japanese investors, awash with central bankmoney, seem to be particularly keen on French bonds once more.
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It also shows how central bankmoney printing since the crash has helped to bolster private equity funds.
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If he has no bankmoney of his own, he must purchase it of those who have it.
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What is called bankmoney, is always of more value than the same nominal sum of common currency.
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The holders of receipts, who had no bankmoney, must have received within two or three per cent.
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The policy outlook is fraught too as the shift to government action from central bankmoney printing gets underway.
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The bankmoney-andthe guerrillas.
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The deposit book must be carefully guarded, for without its presentation at the savings bankmoney cannot be drawn.