Plastic card production
The production of plastic cards is a modern business that is constantly expanding. Although in order to apply a variety of images directly on a plastic card, you need to…

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The benefits of a holiday in the Dominican Republic
When a tourist wants to relax on their own, then this vacation is better to carry out in the Dominican Republic, rather than arrange trips. But how, you can go…

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Turnkey apartment renovation - the benefits of a professional approach
Most apartment owners still have fresh memories of how much time, money and effort was spent on repairs on their own. Moreover, the result was far from always impressive. Today,…

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What are the benefits of deposit insurance?

Deposit insurance is a new service that banks have begun to offer to customers.
The essence of insurance is that if the bank refuses to pay the client a deposit, he can write a statement to the insurance company. She submits an official request to the bank and, after receiving a response, reimburses the deposit amount to the client. Typically, customers who have insured deposits receive a slightly lower interest on the deposit. For example, if a client should receive 20% per annum on a deposit, he will receive only 15-17%, but he will be insured against problems and unforeseen circumstances. In any case, the insurance company will pay him the full amount of the deposit. The insured event occurs at the moment when the bank is declared bankrupt.
If you open a deposit in a licensed domestic bank, it will be automatically insured. If the financial institution does not have a license, then this is most likely the next financial pyramid, therefore, in the event of bankruptcy, no one will return you.

You can not insure deposits held in domestic banks, but outside the country. It is also impossible to insure deposits of private entrepreneurs if they are intended for commercial purposes. Also, funds that are transferred to trust are not insured.

Literally recently, insurance for investing in PAMM accounts has become possible. Of course, only those investments that meet all the requirements for the amount of capital, terms of work and trading results. Some are rather skeptical of such insurance, since they believe that the risks in this area are so high that when an insured event occurs, the company will not fulfill its obligations. But no matter what, all payments are made in a timely manner.

Currency swing, the hryvnia exchange rate began to grow.
The fight against speculation in the foreign exchange market brought the first result. After fourteen banks were disconnected from the interbank, the dollar quickly fell by three hryvnias. Throughout the…

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How to start a business from scratch and not get problems
Many people dream of starting their own business, but often these dreams are broken because of the lack of seed capital. It turns out a vicious circle: to make money,…

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Choose a lock on the front door
To protect your home as much as possible from various intruders, you need to choose the right lock for the front door. The most important thing is to know about…

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