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how much is the deposit?
how much is the deposit? As the name implies, it is an act of paying a certain amount of monetary funds to ensure the realization of an act. In life, we often come into contact with the behavior of margin.

how much is the deposit?

When you pay a part of the deposit to the decoration workers to ensure the decoration quality, if there is no quality problem in the renovated house after the warranty period, you should return the deposit within the specified time limit (generally indicated in the contract), and if there is any quality problem, the deposit will not be returned to the decoration team; Or in the process of lending to the bank, there will be a certain deposit, and the bank will lend you a reasonable amount; Or as a company bidding for a project, it also needs to pay a certain percentage of deposit. Usually, we also call the deposit "sincerity money", which is the money paid for doing something to show sincerity.

The deposit often appears in the contract signed by both parties. As a company, it is required to pay a certain amount of money before bidding, which is usually called performance bond, that is, the monetary funds that must be paid to participate in this bidding activity are generally unified. Transfer from the enterprise account to the designated account for organizing this bidding activity, and purchase the tender only after obtaining the receipt from the relevant department according to the transfer voucher, and start making the tender for bidding. If you don't win the bid within the specified time after the bidding activity.

If the enterprise wins the bid, the performance bond paid in the bidding process will be converted into the quality bond in this project after winning the bid, which will not be returned, and will be transferred by returning the original account, and may not be paid in cash. The quality deposit is qualified after the project is completed and accepted, and there is no quality problem after reaching the time limit stipulated in the contract, and the deposit is all interest-free. If there is any breach of contract in the bidding process, the deposit will not be refunded regardless of whether the bid is won or not.

After undertaking the contract, a certain amount charged to ensure the quality problems in the construction process shall be withheld when paying the construction project price, which is generally deducted as a percentage of the total contract cost, but it shall not be less than the advance payment or more than half of the total contract cost. The proportion is calculated according to different projects. Only after the warranty period, there is no quality problem, will the remaining deposit be paid. If there are quality problems, the construction unit needs to deal with them in time. Usually, the maximum term of deposit shall not exceed 3 years.

What's the difference between deposit and deposit?

Security deposit refers to the money deposited by one or both parties in the other party or a third party to ensure the performance of the contract.

There are two popular forms of deposit in real economic life: one is the deposit that the parties to a contract ask the other party to provide in order to ensure the realization of their creditor's rights. Another form of deposit is the deposit paid by both parties to a third party (usually a notary office) recognized by * * * to ensure the performance of their respective obligations when the contract is established.

The deposit also has the same function as the deposit to guarantee the realization of the contract, but it does not have the double return function. Moreover, the parties can agree on the functions of the deposit themselves (such as the guarantee for the conclusion of the contract, the conditions for the contract to take effect, the proof of the establishment of the contract, or the expenses for the termination of the contract). These functions do not apply to margin.

There is no limit to the time and amount of deposit retention or withdrawal. Both parties can agree on their own before and during the performance of the contract; The amount of deposit can be equal to the amount of debt, unlike the total amount of deposit, which must not exceed 20% of the total price of the main contract and must be paid when the contract is agreed or before the contract is signed.

Margin system

The MarginSystem, also known as the margin system, refers to the system stipulated by the clearing house that the buyer or seller who makes a futures transaction should pay the performance bond. In futures trading, any trader must pay a certain proportion (usually 5% ~ 10%) of the price of the futures contract he buys and sells as the fund guarantee for his performance of the futures contract, and then he can participate in the futures contract trading and decide whether to add funds according to the price. This system is the deposit system, and the money paid is the deposit.