All that would accomplish would be to transfer the bank balance to the money market fund.
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Most people should transfer their bank accounts, real estate and other assets into their trusts during lifetime.
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The money market fund might then use the funds to buy government bonds, but that would just transfer the bank balance to the previous owner of those bonds.
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Many of the recent customer withdrawals were fueled by a grassroots effort called Bank Transfer Day, in which organizers urged big-bank customers to switch financial institutions on Nov. 5.
However, Bank Transfer Day is not at least not yet a wrench in the big bank system.
The man could walk in, scan his fingers and authorise the bank to transfer his money to the shopkeeper's bank account.
The tax police seized 23m euros that the Vatican Bank had tried to transfer from a small Italian bank called Credito Artigianato.
When I started seeing momentum building around Bank Transfer Day, I was excited.
If the customer accepts the offer and signs the contract, the pawn broker sends the customer funds via bank transfer.
And that is why, political reasons aside, you should make a smart business decision to participate in Bank Transfer Day.
In most wealthy countries, even cash-obsessed Germany, such transactions are done by bank-to-bank transfer, direct debit or, at a minimum, by cheque.
An Israeli citizen was allegedly involved in "identifying, recruiting and transporting victims" and "ensuring the delivery of cash payments by electronic bank transfer" prior to surgery.
Movements like Occupy Wall Street and Bank Transfer Day are starting the conversation, but it needs to be continued with action from individual people, not just online interactions.
After signing up at williampaid.com, renters can pay the rent free via bank transfer or with a credit card, for a fee of 2.95% of the total amount.
Online shoppers complain that Chinese e-tailers require a follow-up phone call or letter to arrange a bank transfer - or a trip to the store to write a check.
Once we start seeing consumers numbering in the hundreds of thousands and money moving in the billions, then Bank Transfer Day could leave its fingerprint on the American financial system.
"The refund will be available either through a transfer into your bank account, or to you personally at the counter of the post office, " the letter said, according to Reuters.
Since Skrill has country-speicfic payment options from bank transfer to debit cards to mobile payments and pre-paid cards, users are much more likely to buy virtual goods when they see a local payment option they know.
Fed up with excessive bank fees, Los Angeles art gallery owner, Kristen Christian, named November 5 Bank Transfer Day to inspire those angry at the big banks to move their money to smaller banks and credit unions.
Payment is by bank transfer only.
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The Europe-based organization that clears money transfers, known as Swift, this month banned 20 Iranian financial institutions from using its international bank-transfer system.
This is partly the fault of a primitive banking system: there are no cheques, few credit cards, and paying by bank-transfer means an hour or so in a smelly queue.
As a result, players can access our games from areas of poor financial infrastructure, or can play exciting high stakes games quickly without waiting for a bank wire transfer to be processed.
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Legal amendments to facilitate bank mergers and transfer of banks' assets have been passed.
Peddling supposedly exclusive unproven proprietary products which promise only to transfer your wealth to the bank is standard operating procedure.
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He claimed to be the dead man's brother but the bank blocked the transfer when the real customer was found alive.
Today it is second nature to view our bank balances or transfer funds on our smartphone while standing in line for a latte.
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Anne Pace, a Bank of America spokeswoman, says the bank's transfer services allow customers more choices and flexibility than having no plan, in which case all overdrafts are declined at the point of sale.
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