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KBC Locking Plus Split Deposit Account 100% Capital Secure Potential 8% Annual Coupon investment Component 6% Interest on Deposit Component Unique Memory Feature Closing 16th March 2011 Banking
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Lock-in plus split deposit is a method used for securing a certain amount of money in an account while also splitting a portion of it for other purposes.
Certain financial institutions and individuals may be required to file lock-in plus split deposit depending on the regulations set by the relevant authorities.
Lock-in plus split deposit can be filled out by providing the necessary information such as account details, amount to be locked in, and portion to be split for other purposes.
The purpose of lock-in plus split deposit is to ensure that a specific amount of money is secured in an account while also allowing a portion of it to be used for other needs.
Information such as account details, locked in amount, split portion, and any relevant instructions must be reported on lock-in plus split deposit form.
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