[speaker001:] Hello again. Have you come to a decision?
[speaker002:] I'm still not sure about these " Visible " Certificates. What's the real difference, except the amounts available?
[speaker001:] Visible Certificates are registered and the holders of these can report any loss directly to the bank. Also, they can be cashed in advance, before the maturity is up.
[speaker002:] Right. How about the Bearer Certificates? Can they be cashed before the maturity date?
[speaker001:] Unfortunately, not. You see, because they are not registered, they can be bought and sold by anyone. They also can be cashed on maturity in any nationwide financial institution.
[speaker002:] So, if I was strapped for cash, I could transfer it to get some money?
[speaker001:] Technically, yes.
[speaker002:] OK, I think I've got it.