A money market accounts are interest-bearing account that typically pays a higher interest rate than a savings , and which provides the account holder with limited check-writing ability. A market account thus offers the holder of the account benefits typical of both savings and checking accounts. This type of account is likely to require a higher balance than a account of savings and is Fed. Deposit Insurance Corporation are typically able to offer higher annual percentage yields than savings as the vehicles invest in a variety of options from which traditional passbook accounts are restricted. Banking institutions provide access to insured money deposit accounts (MMDA). MMDA’S offer FDIC backing and the portfolios typically invest in short-term, liquid securities. They are able to offer a higher interest rate by requiring a higher minimum balance, and by placing restrictions on the number of withdrawals the holder may take over a given period of time. الاسكندرية, Egypt
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