Agreement with the bank

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Presentation transcript:

Agreement with the bank To invest the money in the pool The bank receive fees + % of profit The client receive % of profit Current deposit Un-restricted Investment deposits The bank take the risk Banks considers them investment shares No interest Investment pool The risk is taken by the depositor and the bank % of their shares Bank accounts Banks own fund Management fees PER Bank’s share from profit Net profit Explicit charge= % from profit investment income attributed to depositor

Unrestricted investment deposits The agreement between the depositor and the bank provides that the bank shall invest the depositor's funds in an investment pool in return The bank gets management fees And percentage of the investment profit If the bank is getting explicit charges – no room for considering interest on deposits The bank doesn't take risk in the contrary the depositor take the full risk Which means that the service provided by the bank is similar to services provided by Mangers of investment funds