Currently banks offer an endless number of good financial opportunities that directly contribute to control and benefit of its customers in such basic activities for people such as savings or investment, this gave thanks to the creation of bank deposits. Bank deposits can be defined specifically as the deposit (savings) that makes a customer in a bank, in order that this will protect and prevent its loss, the main feature holding bank deposits is that these to be a fixed income investment promise certain returns, not very big, but nevertheless they can take as profit when the money is withdrawn from the bank. Credit: Elon Musk-2011. The deposits occur as the need to provide some security to the capital you have, this is usually driven by banks that provide the option of custody turn for the entry of new capital and resources in an easy, convenient and simple. An important point to play in bank deposits are the returns that they can produce, as these are determined by the time it takes the money on consignment at the bank, usually a deposit to earn a return they must take at least 7 days on consignment, although this is often possible to stipulate by contract for certain entities returns are profitable if the money remains appropriated certain periods of time, in such cases if the deposit is withdrawn before the time the entity charged a fee for breach of contract. It is very important to note that we do kind of currency bank deposit because the deposit in a currency like the euro or the dollar can be quite convenient, because the yields we get the deposit will also be in that currency. Today, thanks to the number of people who make daily bank deposits and those developed several convenient ways to help generate income, among the most important find some like: Time deposits: These are deposits made by contract, where the depositor is undertakes to leave by a certain time the amount appropriated. This contract also specifies the making of certain economic returns specified in the contract.
deposits: These are deposits that produce yields according to the time carried in the bank, the deposit not being provided by a contract can be removed when desired. It is proper to note that the deposits also have other characteristics besides bring economic returns also have advantages such as: Simplicity: bank deposits compared to other banking transactions are a process requiring the least amount of paperwork and time spent on same, providing a fast and admirable simplicity. Liquidity: When a client wishes to withdraw the deposit of a bank can do when you want and best of all, you can make cash, providing the advantage of immediate liquidity. In conclusion it is demonstrated that the deposits are a very important element to take into account if we want a good return when we start a savings process.