There are a variety of financial deposits available in the country, future holders of an account choosing between various types of products to make their loans of money. It usually varied options that are mostly unknown by the public at large, are offered which generates an ignorance that is necessary to overcome in terms of financial deposits. Sometimes, by fear and ignorance, do not hire options that make the business the daily work with operations with money a lot easier. In this article we will make an approach to financial deposits in order to give an overview about what they allow these products, what we gain with having a bank account at a bank or financial institution and we will see some terms used frequently in this world that seems complex, but not so much. Amortization of financial deposits corresponds to the early cancellation of the debt.
If we have a credit and make a return of all the debt or part of the amount that we owe it to the entity, as When you hire a mortgage, we are amortized debt. In some cases banks charge a Commission by the depreciation that is performed in advance, when you cancel the debt within one period less than the established. This is due to the bank account with the interest that generates the same debt, so a cancellation before term hurts their own financial situation. There are other types of committees such as the opening, or administrative expenses in financial deposits. It is always good to find out what kind of commissions charged the Bank before opening financial deposits. When the interest rate that applies to the financial deposits is of variable type, it will depend on an index, so it is subject to variations than that same present index. This also applies to credit operations, in which the debt may be subject to a variable interest. Rates to which interest relates may be only one or several, and as examples we can put the? index of prices to the consumer, the bag of Values, Euribor and others.
If the interest this indexed to Euribor is taken the interbank rate and points are added to form the interest: Euribor more 1 point, for example. Know the terms that are handled deposits and movements in financial institutions in general is of crucial importance. In general the average user has no idea finished what you can achieve with financial deposits, nor knows very well how to get good returns with, for example, a good paid account. Fortunately in these times we have at disposal a very important tool: Internet. Through it can know in greater depth the details of financial products, which we agree more to our purposes and we can even open a bank account online, in general more favorable terms than in the traditional way.