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Try Mercury. It's a YC-backed company. They opened an account for our Delaware C-corp, which we established remotely via a registered agent.


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Public companies use stock transfer agents to keep track of the who owns their stocks. Direct registration Under direct registration, when you buy a stock, the stock is not held in your broker's name. It is held in your name, and your name appears on the stock transfer agent's list. In this scenario, there is no "custody" as the stock is held directly ...


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Stock issue, transfer, and holding is a system of accounting. A stock-transfer-agent keeps an accounting of a company's stock. If the transferred stock is not held in the investor's name then there is a second accounting by a stock-broker who is holding the stock in their name but accounted on their books to their customers. The real risk is the company ...


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The brokerage company doesn't own the stock. The brokerage facilitates the buying and selling of stock. The shares you buy in any brokerage are your shares. The brokerage can't just steal people's shares because they're going broke. The more interesting question in this case would be where does he (or where do they) keep their cash. The cash actually ...


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The visa Api is limited to ten digits so $10b is the largest single transaction. With 1000 transactions per second capacity on the network.


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Banks aren't usually involved in this, at least not directly. The website offering the deal might need to loan additional money from a bank to cover for the money being paid later (if the deal is very successful). But let's examine a simple example. The consumer is being offered a product worth $100, but is allowed to pay it in four installments of $25, to ...


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Short Answer: The FDIC exists specifically so that there are not MASS runs on the banks. No need to worry as long as you're under the limit(s) in your account(s). Make sure your account is insured: https://www.fdic.gov/deposit/deposits/faq.html They say that the "FDIC is backed by the full faith and credit of the US Government." And they really do mean ...


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Worst case they get 0 $ back, but that does not mean that they lost money since credit was created out of thin air so even if every credit defaults they still will not loose any money and anything they get back is pure profit. Obviously if a bank never lost money by not getting paid back they would make loans all day long, even ones they knew they would not ...


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YES Bank happened to be one of the fastest-growing banks sometime back. But in the recent past, it has witnessed a big fall and I think SBI is still doing an excellent job than YES bank. The difference lies in Management, leadership, asset, and a few more facts as follows: SBI is India's largest bank in the country with an asset size of over Rs 13 trillion. ...


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You asked, Should I not share my info even though it only has $25 in it? The answer is you should not share your info, even if the account only has $25 in it. In most cases, these scammers are after your identity, not your money. They don't literally want to steal your identity in the traditional sense, rather they want the ability to make transactions ...


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There is no need to share your username and password with anyone with regard to banking. Ever. There are other ways for you to receive money. Here are some: Have Daddy mail you a cheque. Obviously the slowest and least convenient. There is also the risk of the cheque bouncing between the time it is cashed and the time the money is spent, leaving your bank ...


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