Deposit contracts are not mandatory; but it is much better to do them, because they are usually one of the most important steps before formalizing the sale. In many cases, the goal is for one or both parties to feel safer from the moment of the agreement until the purchase is signed with the notary. Like VOCs, most of the clients of bank deposit agreements are pension plans. Overall, investors indirectly purchase bank deposit agreements by participating in their 401(k) pension plans or other workplace pension plans, but some financial institutions offer bank deposit agreements for individual investors. In both cases, bank deposit contracts are usually purchase and storage investments that do not have a secondary market. They typically earn more than savings accounts and government bonds because the FDIC doesn`t secure them and isn`t backed by the full confidence and creditworthiness of the U.S. government…