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Term Deposit - a contract under which provides financial institutions an agreed amount of their funds for a certain time, and after the initial financial obligation of the organization employer to pay You this higher amount in the stipulated percent.
The fixed interest rate is safer (at the moment of making a Deposit you will be aware of her interest), but, as a rule, below.
Capitalization of interest (add the interest to the Deposit amount, so that in the following period of the agreement, interest may be accrued from greater amount).
For example: you create a Deposit of 6 per cent, in the amount of 2000 rubles for 1 year.
Here we must reckon with the fact that withdrawal before the deadline will result in the loss of part or all of the interest.
Risks associated with investing in deposits
Customer onboarding is something that each business goes through to start a new relationship with the customer.
Banks and financial institutions usually have the toughest customer onboarding process.Continue reading: https://dirooriginal.hpage.com/
The customer onboarding process involves greeting your customer, ensuring your customer knows how to use your product, platform, or service then continuing to support them while they use the product/service and ensuring they are satisfied and will continue to support your business.
Usually, the term is prevalent in Software as a Service (SaaS) businesses like Financial Technology (Fintech) companies.Customer onboarding is important for both your business and your customer.
It must not be confused with user onboarding which is done mainly for employees and whose focus is solely on getting the user to know how to use your product or service.
Customer onboarding’s focus is on getting your customer to buy and ensure repeat business.For More Info: https://www.idmerit.com/blog/five-things-to-check-for-during-the-customer-onboarding-process-for-kyc-and-aml-compliance/
Forex or Foreign Exchange (FX) refers to a type of trading that occurs across different currencies and markets.
Compared to other types of financial exchanges, Forex is deemed to be the most stable because it has the busiest traffic with an estimated total of more or less $4 trillion daily transactions.
It is also considered the most liquid since Forex utilizes no centralized governing body with transfers occurring through brokers, banks, financial institutions, and dealers.Trades happen throughout the day, five days every week.
It closes on Saturday mornings and resumes again on Mondays.
This schedule allows traders to make the most of the business week to enact profitable exchanges.
