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derek
Apprentice
Joined: 30 Nov 2005
Posts: 2
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 Posted: 02/26/08 - 11:34 Post subject: |
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| Ten months ago I put some savings to Bank on savings account. Thought I never really understood everything that they have been told me, I signed an agreement and now I don’t know what to do. I went to bank two days ago and referent told me that I can take my money now. She told me to come for three months, because I have a term deposit. I am confused saver. |
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jabez
Apprentice
Joined: 15 Mar 2007
Posts: 1
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| Posted: 03/26/08 - 21:05 Post subject: |
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| You can’t do nothing about it now, because of an agreement that you signed. Only after expiration of three months you can take you money out. But you have to learn what is a differences between time deposit and savings deposit. Term deposit is fixed for definite period of time and there is no possibility to take money out before expiration of definite period. From savings deposit you can take your money out when you want. |
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