Vote Blog » savings http://www.votelindathompson.org Financial Information For Better Live Fri, 03 Sep 2010 01:03:19 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 The auction savings http://www.votelindathompson.org/the-auction-savings http://www.votelindathompson.org/the-auction-savings#comments Sat, 14 Mar 2009 20:07:12 +0000 admin http://votelindathompson.org/?p=80 With the economic crisis of recent years, saving has become increasingly difficult and for this l Holland has had an idea very particular.

To increase competition among banks, but to give everyone the opportunity to get the money you thought of putting the savings at auction.

Just like an object, the money is spent “at stake” to the bank the highest bidder.
Customer (at no cost to participate) will give the money to be deposited; the banks will make several offers which can then be assessed.

Important feature of this offer is that time of deposit and sum terms are decided by the customer, then the bank will be offering a rate of interest.

It will be easy or hard competition agreements between banks allow you to keep certain range of offers?

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