Airline Credit Cards with Frequent Flyer Miles
The following Airline Credit Cards offers frequent flyer programs. You can earn airline mileage credits as you spend with frequent flyer credit cards. If you are a Frequent Flier or travel a lot, an airline credit card could help save you money.
* Click "APPLY HERE" to apply online or call (866) 592-0808
* 1.25 miles for every dollar spent on purchases
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* 0% APR on purchases until April 2010
* No annual fee
Showing posts with label with. Show all posts
Showing posts with label with. Show all posts
Monday, July 20, 2009
Issues with deferred posting of offline debit
Issues with deferred posting of offline debit
To the consumer, a debit transaction is perceived as occurring in real-time; i.e. the money is withdrawn from their account immediately following the authorization request from the merchant, which in many countries, is the case when making an online debit purchase. However, when a purchase is made using the "credit" (offline debit) option, the transaction merely places an authorization hold on the customer's account; funds are not actually withdrawn until the transaction is reconciled and hard-posted to the customer's account, usually a few days later. However, the previous sentence applies to all kinds of transaction types, at least when using a card issued by a European bank. This is in contrast to a typical credit card transaction; though it can also have a lag time of a few days before the transaction is posted to the account, it can be many days to a month or more before the consumer makes repayment with actual money.
Because of this, in the case of a benign or malicious error by the merchant or bank, a debit transaction may cause more serious problems (e.g. money not accessible; overdrawn account) than in the case of a credit card transaction (e.g. credit not accessible; over credit limit). This is especially true in the United States, where writing "hot checks" is a crime in every state, but exceeding your credit limit is not.
To the consumer, a debit transaction is perceived as occurring in real-time; i.e. the money is withdrawn from their account immediately following the authorization request from the merchant, which in many countries, is the case when making an online debit purchase. However, when a purchase is made using the "credit" (offline debit) option, the transaction merely places an authorization hold on the customer's account; funds are not actually withdrawn until the transaction is reconciled and hard-posted to the customer's account, usually a few days later. However, the previous sentence applies to all kinds of transaction types, at least when using a card issued by a European bank. This is in contrast to a typical credit card transaction; though it can also have a lag time of a few days before the transaction is posted to the account, it can be many days to a month or more before the consumer makes repayment with actual money.
Because of this, in the case of a benign or malicious error by the merchant or bank, a debit transaction may cause more serious problems (e.g. money not accessible; overdrawn account) than in the case of a credit card transaction (e.g. credit not accessible; over credit limit). This is especially true in the United States, where writing "hot checks" is a crime in every state, but exceeding your credit limit is not.
Job opportunities with UCO Bank
Job opportunities with UCO Bank
UCO Bank recruitment site gives complete information on the bank's recruitment scheme.
Indian Bank Contractual Recruitment
UCO Bank recruitment site gives complete information on the bank's recruitment scheme.
Indian Bank Contractual Recruitment
Comparison with "Money Market Funds"
Although money market deposit accounts have a similar name to money funds, they are not the same: a money market fund consists of assets held by a brokerage (or bank) on behalf of investors, while a money market deposit account is a deposit at the bank, and hence a liability of the bank towards depositors.
A money market fund is a kind of mutual fund (technically, a regulated investment company). Investors receive shares in this company, which buys securities (for example, commercial paper). There are rules on what kind of securities may be held and rules about diversification. Thus, investors have risk on the assets, but not on the bank.
A money market account is simply a liability of the bank (albeit a high-priority one). It is a note on the bank's books that it owes someone money. It has no specific assets; essentially, it is backed by the entire bank. Thus, investors have risk on the bank, but not (directly) on any assets that the bank may invest in with these deposits – in fact, the deposits will not in general match up with any particular assets: they are simply one among many liabilities of the bank.
Also, like checking accounts, these accounts are insured by the FDIC or a state analog.
A money market fund is a kind of mutual fund (technically, a regulated investment company). Investors receive shares in this company, which buys securities (for example, commercial paper). There are rules on what kind of securities may be held and rules about diversification. Thus, investors have risk on the assets, but not on the bank.
A money market account is simply a liability of the bank (albeit a high-priority one). It is a note on the bank's books that it owes someone money. It has no specific assets; essentially, it is backed by the entire bank. Thus, investors have risk on the bank, but not (directly) on any assets that the bank may invest in with these deposits – in fact, the deposits will not in general match up with any particular assets: they are simply one among many liabilities of the bank.
Also, like checking accounts, these accounts are insured by the FDIC or a state analog.
Trading a DEMO account with $5000
I am trading a DEMO account with $5000. I have been fairly
successfull on choosing the right direction for the trade, but,
because I'm using money management techniques i.e. 20-25 pip stop
loss. I am getting spiked out of a lot of trades which then go
in the direction I first chose.
This occurs a lot after the market has been quiet and I have had
time to decide which direction I'm going. Then I get the dreaded spike.
Bigger stop loss bigger risk?
Any advice would be appreciated.
Regards
successfull on choosing the right direction for the trade, but,
because I'm using money management techniques i.e. 20-25 pip stop
loss. I am getting spiked out of a lot of trades which then go
in the direction I first chose.
This occurs a lot after the market has been quiet and I have had
time to decide which direction I'm going. Then I get the dreaded spike.
Bigger stop loss bigger risk?
Any advice would be appreciated.
Regards
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