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U.S. Certificate of Deposits (CD's) 

Certificate of Deposits (CD's) - outside of USA, these are usually referred to
as 'Fixed Deposits' - Raise a 'Credit Line' against them or 'Cash' them out right.

The 'Value Conversion' depends on many factors, some fixed, some floating such as

  • Type of CD (time, maturity date, ownership, value, etc.)

  • Issuing Bank Rating as well as location (branch) of  U.S. Bank

  • Physical Location of the Original CD - Safety Deposit Box, Corporate Office Safe, Home, etc.

  • If an Agent, Security House, or Third Party Bank is Holding the CD's

  • CD's Must be Clean and Clear - No Encumbrances or Liens

  • Market Conditions

  • Bank Policy

  • Currency Fluctuation, if wanted converted to other than US dollars

  • Client Anticipation of Return

  • Place Transaction Occurs

What is done with "Cash" after conversion

This is becoming a paramount issue with banks converting the instrument, the preferred and acceptable method is to deposit a portion of the redeemed funds with the honoring bank, usually not less than 20% for a period of not less than six (6) months.


  • Most CD's are usually issued to individuals.   

  • CD's may be held by a trust, foundation, endowment, corporation, or nonprofit entity.    

  • It is often easier to raise a 'Credit Line' than convert the instrument to CASH!    

  • Fluctuating World Market Conditions set the pace and determine the trading value, if any.    

  • Usually most every instrument can be converted, however, some are just Not desirable Trading Instruments on the current World Market.    

  • Certain Required "Documentation' is needed for this type of transaction.

Recommended further reading:
Certificates of Deposit: Large Negotiable Certificates of Deposit
Certificates of Deposit: Advantages of certificates of deposit (CDs)
Certificates of Deposit Offerings
Certificates of Depoist: Utilizing foreign fixed deposits (CD's) for credit lines