View example sentences, synonyms and word forms for Depositor.
Depositor meaning
A person who makes a deposit, especially a deposit of money in a bank.
Synonyms of Depositor
Example sentences (20)
If the depositor wants to make premature withdrawal of his FD from SBI before the completion of its tenure, the depositor has to pay a penalty of 0.05 per cent across all tenures, for any amount below 5 lakh.
Bill Ackman, chief executive of the Pershing Square hedge fund, on Twitter that depositor panic was a real risk: “Confidence in a financial institution is built over decades and destroyed in days.
Further adjusting for one large municipal depositor relationship that is discussed in our earnings release, deposit balances were down only 2% from year-end.
In a note sent to customers just days after the failures of Silicon Valley and Signature banks, Zions Bank President and CEO Scott Anderson outlined the customer differences between those banks when compared to the depositor demographic at Zions.
Its portfolio crashed further due to a depositor run.
Once depositor confidence is lost, not even the strongest banks can survive.
On March 8, 2022, once the extent of depositor panic became public, Silvergate voluntarily closed its doors.
The coup de grâce was depositor behavior.
The Federal Deposit Insurance Corp insuresfor up to at least $250,000 per depositor per FDIC-insured bank.
It was a particularly exciting episode that showed the guys making real progress in the Garden Shaft as they uncovered a potential depositor construction and a fascinating theory that states they are on the right track to find the treasure.
The team believes this wooden beam from Oak Island’s Garden Shaft is depositor work.
Many of you are now saying to yourselves that this is not such a big issue to most American’s since the FDIC guarantees bank deposits up to $250,000 per depositor, per insured bank.
When asked if it will be as low as 2.75 per cent on the saving front, Kumar said that it will go for a higher level of up to 4 per cent interest, calling it “apt level” that does not put a strain on the depositor as well.
Also on display, the GEA Multi-piston Depositor, which works with ovens up to three meters wide and boasts a host of innovative features that result in better products and higher productivity.
At a press conference here, spokesperson for the customers, Richard Hasford, said the company, through the Receiver Mr Eric Nipa, only gave each customer GH¢10,000.00 even if the depositor's investment was GH¢1 million.
Attention is also drawn to the fact that the deposit insurance and liquidity support scheme will also safeguard the interest of all depositors, to a maximum of Rs.600,000/- per depositor, which will cover 93 percent of the depositors in full.
By doing this, with full knowledge of its board and executives including Managing Director Joy Thomas, the bank had camouflaged the actual loan accounts of the defaulting borrowers to the detriment of the bank and depositor’s interest.
Medical account money is allocated for the depositor’s healthcare expenses.
For example, when a depositor only has a savings account with the bank, then the rate of interest paid will be low.
Shockingly for us in the MDC, Mangudya is now unashamedly running away from ensuring the return of depositor’s money he extended to central government in an unorthodox and illegal overdraft facility.