The depositor will be notified of such changes in writing or by other suitable means. |
If a depositor owes money to the bank or building society, this will be deducted from any deposits held before compensation is calculated. |
The certificate of deposit is not proof that the goods are still in storage or that they are stored on account of the initial depositor. |
Or, said another way, does the depositor maintain a financial asset that functions as money, securing purchasing power? |
This immediately restored depositor and creditor confidence, preventing runs which would have made it impossible for banks to restructure. |
A financial organization invests the funds into efficient tools and a depositor and his family earn profit. |