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Safekeep

• For a fee, banks will safekeep (i.e., hold in their vault, clip coupons on, and present for payment at maturity) bonds and money market instruments.

• For a fee, bankers will hold in their vault, clip coupons on, and present for payment at maturity bonds and money market instruments.

 
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Instruments
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<< Safe harbor lease Safekeeping >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

It is never to late to be what you might have been. - George Eliot

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