Whether we like it or not, each surrounded banking.Conditions, payments, payment of wages, translations, and much more is now being implemented by banking institutions.
But while banks are each primarily associated with quite different financial products.Deposits and loans - those banking services that have large-scale distribution and demand.Each of us at least once in life thought about starting a savings account or buying goods on credit.
If you have a round sum of money and want them not just lying under the pillow at home, and bring you some income, then sooner or later think about how to do this.
Also, if you have a low income, you can not save money on some expensive purchase, you will think about how to still gather up the necessary amount of money.
Banks help to keep savings
solutions for both the first and the second case can be a variety of bank deposits.
After the global financial crisis, many people do not trust banks, believing that they would be cheated.And this is not surprising - indeed at that time were numerous cases of bankruptcy of financial institutions, non-return of deposits and other unpleasant events that limit or violate the rights of clients.
Deposits are safer
Since bank deposits are much safer.At the legislative level, much increased demands and control of the Central Bank to the banking institutions.In addition, constant monitoring to ensure the funds of all loans are issued by banks, to avoid such a situation, which was observed at the time of crisis, when loans are not returned, and, accordingly, there was no money to pay deposits to customers requirements.
to the contribution will not be able to make
not immediately dispel the myth that bank deposits will allow their owners to earn good money.Effective interest rates on deposits are not at the level that really help to make on their money.This is possible only in case if the deposit amount is really big - but this option is not for everyone, even those who have an average income, rarely have the opportunity to accumulate sufficient funds.
In modern conditions the bank deposits are rather way to preserve the accumulated money in a safe place, as well as a good way to deal with the depreciation of capital due to inflation.For more hope not.
Types of deposits Deposits with banks are presented in a large range of different species.In each bank deposits are called differently, but the basic principles of all of them can be combined into 5-6 species.
there as offerings for businesses and retail deposits.For businesses and companies demand higher and interest rates are much lower, due to the fact that the amount placed very often exceed the mark of 1 million rubles, and the period of these contributions - generally no more than 3 months.
term deposits, the interest on which is the highest among all other types are most popular.Such attention on the part of customers is not surprising, because everyone wants to get as much income.Sometimes high interest rates can turn a head, and the person loses vigilance.
planning is which bank to place your deposit, do not forget that there are some institutions that may be bankrupt tomorrow.Typically, financial institutions, where things are not going very well, luring customers higher interest rates on deposits, which in some levels are different from the average sentences.Choosing the best option for placing their funds, ask any credit offers have bank.
High interest rates on the deposit may be indicative of a bad financial situation
For example, if an institution offers a deposit of 30% per annum and at the same time under the terms of the credit program takes as a commission of 35%, that is a reason to think.After these 5% - this is actually the bank's income.The smaller the gap, the less the bank is earning, and therefore the likelihood of financial stability less.
Do not respond to high interest rates as a cartoon character Roquefort from the cartoon "Chip and Dale", which is the smell of cheese, throwing everything and literally flew to its source.
compare different offers on the market, get mean and try for yourself to understand why one bank has 20%, and another - 30%.For example, you can focus on the contributions of the Savings Bank deposits, which offers about 10% per annum.
term deposits in banks can be both with the right of replenishment and without the possibility.
mainly deposits without replenishment designed for the presence of a large amount of money from the customer to put a time on her account and enjoy a single monthly payment of interest.Lately it has become a standard condition for opening a card account to which the bank makes the payment of interest, which is beneficial for the bank and convenient for the owner deposit account, if the cost of servicing such a card is zero or very small compared with the remuneration paid by deposit.
can gather up a dream
Deposits that can be replenished, are popular with customers who can not immediately allocate from its budget a large amount of unsolicited funds.This can be explained by the fact that they are literally helping to gather up some expensive purchase, tourist ticket, or anything else expensive.You agree that 100-500 rubles a month can be postponed, giving up too much coffee, chewing gum, taxi rides.At the same time delay as in the course of the year you can gather up the amount you spend in the store nice.
is perfect for those who always wanted to travel, but still could not get delayed.With a view to realize the contributions of such plans, it is possible for people with almost any income level.
Contributions may be in different currencies
It should be noted also that the contributions can be placed not only in the national currency.Often, the deposits in rubles have the highest interest rates, as banks more profitable to work with the monetary unit of the Russian Federation, giving it credit.
Interest rates on deposits in US dollars and the euro is considerably lower than for those who are open to the Russian ruble.Banks more profitable to buy the currency at the Central Bank, then selling it to its exchange offices.
Tips for Choosing the bank
Given the fact that interest rates on deposit contracts of the same type in different banks about the same, the most important question remains about the guarantee of repayment.
And the state can not always affect the bank.The most important barrier against fraud - is the man himself.Do not trust your money to those financial institutions that are not at the hearing.Banks that a year or two is not worth too much to believe.During this period, difficult to understand, they are a successful policy soon "burst", will take some time.This issue should not rush.
There are services for Deposit Insurance, which can be used if you want to safeguard their money.
If you want to achieve almost 100% sure that you will return the money back, you simply divide the money, which wanted to put on deposit in one bank into several pieces and open savings accounts for smaller amounts, but in several banks.This decision guarantees you a refund of your money, even if one bank goes bankrupt.
And remember that the proposals, which are very different from the average conditions in a quaint side are basically the last gasp or gambling of any bank, and invest their money in a very unsafe.
