11. Nonbanks are companies that are prohibited from accepting deposits, so they must borrow money to lend to others. 12. Nonbanks lend money they borrow from other banks and are prohibited from accepting deposits. 13. Of course, a home computer cannot dispense cash or accept deposits. 14. The bankers who began accepting the deposits also recognized they might lend the money at higher rates to customers seeking to borrow foreign currencies from an offshore source. 15. The fund will continue to accept deposits from existing shareholders. 16. The housing companies were barred by law from accepting deposits. 17. Traditional banks that accept deposits are a small part of its operations in the United Kingdom, Germany and Austria, a spokesman said. 18. While the two troubled companies cannot accept deposits, they can still make loans, and so are known here as nonbanks. 19. And he is proposing to prohibit offshore banks from accepting cash deposits and require them to report suspicious clients. |
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