In another a company in Canada tried to buy access to a nickel deposit in Quebec by offering cash and two ice resurfacers for the local rink.
Low net worth individuals owning a high proportion of foreign currency assets would likely need to sell some of these assets if their cash deposit holdings (in Japan) did not cover their (immediate) needs.
They would sometimes deposit hundreds of thousands of dollars in cash, in a single day, into a single account, using boxes designed to fit the precise dimensions of the teller windows in HSBC Mexico's branches.
He would write a check from her account in his name, deposit it or cash it.
The northern banks deposit their excess cash there rather than lend in the interbank market.
If, instead, they cash in bonds and certificates of deposit, and then invest the proceeds in taxable bonds in a 529, they haven't altered their overall asset allocation, but have improved their tax situation.
In response, the department set deposit rates for cash, used as surety for goods, ranging from 34.33 to 60.02 percent on the towers and additional countervailing duties of 21.86 to 34.81 percent to offset Chinese government subsidies.
FORBES: First Solar, Now China Wind Power In Washington's Crosshairs
Much of the cash thus released goes into deposit accounts or is saved in other forms.
Banks can deposit all kinds of collateral with euro-area central banks in return for cash without paying a penalty rate, while, until the latest joint operation, the Fed still demanded a penalty rate as did the Bank of England, which also accepted only high-quality collateral.
He said the ECB was "technically ready" to take the interest rate on its deposit facility into negative territory - in other words, to charge banks to park their cash with the central bank.
Most banks that now have cash prefer to deposit funds at the European Central Bank (ECB), which in turn lends it on to those that are short of it.
And for Italian and Spanish banks, in today's febrile climate there is a strong temptation to put any spare cash on deposit with central banks, even for a guaranteed loss on that money, because they don't want to double up on lending to households and businesses struggling to repay what they owe, and they don't want to be short of cash if capital flight intensifies.
Even in this volatile market, it is not wise to hold all cash or low-earning certificates of deposit.
FORBES: Resolve to Spend Time in 2012 Discussing Retirement and Long Term Care Plans
Operators, known as hawaladars, pool remittance cash with funds from their other businesses and deposit them into traditional bank accounts or dollar-denominated accounts in Dubai or other financial centers.
According to a banker involved in the deal, none of the "usual" guarantees, such as real estate or cash on deposit with banks, have been put up, the banker said.
WSJ: World Cup 2014: Funding Remains Issue for Brazil World Cup Stadium
应用推荐