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What is a safekeeping certificate?

In Banking - Cds - Asked by Admin - 8 months ago

A document that represents ownership of a security or certificate of deposit. Safekeeping certificates are the investor's claim against the institution that is holding his or her financial instruments.

Answered by Admin - 8 months ago


Tags: safekeeping certificate, investors claim, cd, what is a safekeeping certificate?

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In Banking - Asked by Admin - 14 months ago

If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is a safekeeping certificate?" Zuuply.com can answer them or you can browse our archives.



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