Special investment account rate - Investment - www Invest

Special investment account rate - Investment - www Invest

Is it normal for banks to give you "special" accounts?

May 22, 2009 by Your boss does use Y!A | Posted in Personal Finance

I ask because my bank set up an account for me on the condition that I payed in a large five figure sum which was left to me by a member of my family that passed away and the remainder saved by myself, they said that they could give me preferiential rates

A lot of banks have different types of accounts that earn higher interest rates if you carry a balance over a certain amount. Most likely that is what you have going on.

The bank I am in gives and extra 1% on money market accounts

mykatesmom | May 23, 2009

India tycoon's got tons of cash, nowhere to invest

18.05.12

MUMBAI, India (AP) — Ajay Piramal is sitting on a mountain of cash. Yet the billionaire Indian tycoon, working in one of the world's fastest growing economies, is struggling to figure out what to do with the money.

The problem isn't opportunity, he said. It's India.

"Every large investment, there was no transparency," Piramal said.

His dilemma is a worrying sign for India. With the country mired in corruption, bureaucratic red tape and unclear and changing government policies, many of the men who made their billions here are saying maybe it's time to quit India. It's got to be easier to do business elsewhere.

In May last year, Piramal's healthcare business sold its generic drug operations to U.S. pharmaceutical giant Abbott Laboratories for $3.8 billion. Piramal, a tall big man in a country that still measures prosperity by girth, was eager to set that cash pile to work. He wanted to expand one of his chemical plants, but was told it would take five years.

Source: The Associated Press

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NetBank investment account conquered 12-month time deposits ...

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Special investment account rate - Bookshelf

	Electrical world Technology & Engineering - 1916 For ready reference, we shall refer to the four elements of the rate as follows: ... The utility agrees to account separately for the special investment, ...

544 pages	The Banks and the Monetary System in the UK 1959-1971 Creator: J. E. Wadsworth \| Business & Economics - 2006-04-17 A new type of account, the investment account, invested in a way similar to special investment accounts of trustee savings banks, was opened by the Post ... Publisher: Routledge

384 pages	Quicken 2010 for Dummies Creator: Stephen L. Nelson \| Business & Economics - 2009-08-13 Special investment transactions Quicken also supplies some other investment ... account or with securities in a brokerage account, you can collect current ... Publisher: For Dummies

176 pages	Warren Buffett and the Art of Stock Arbitrage, Proven Strategies for Arbitrage and Other Special Investment Situations Creator: Mary Buffett, David Clark \| Biography & Autobiography - 2010-11-09 With the lower rates the world of stock arbitrage and other special situations ... and an online brokerage account with deeply discounted trading rates, ... Publisher: Scribner

	The Economist Business & Economics - 1963 '♦/pEFENCE 8oN0S DEFENCE BONDS ^ Building Societies f, Special Investment Depts ^* ^ Hire Purchase Companies Tax Reserve Certificates Bank Deposit Accounts ...