By keeping your money in the savings account of the bank doesn’t mean you are doing the best thing. Different financial institutions have different rates to offer to the customer.
One may give you 0.1% interest rate, and for the same amount of m...
There are times when money has to be transferred to someone we know in a foreign country or to a foreign bank account either for business or personal purposes. However, the transfer process is not as simple as usually claimed as a single transfer inv...
If you are confused between CDs and Money Market then there are few factors to consider :
Time of Deposit: This is about planning your need for part or full cash requirements. Since there is no liquidity in CDs, one must plan about the length of...
Children’s savings accounts are usually perceived to be accounts for adults to stack up funds but can actually prove to be helpful in teaching children the dynamics of responsibility and money management from a young age. The fact that the child’...
Who doesn’t like everything to be easy and hassle-free? Then why not bank accounts? Yes. Online banking has made this possible. Now, online bank account opening is possible through your phones and laptops that too free of cost. Get an online bank a...
A certificate of deposit (CD) is a certificate of financial savings with a date established in adulthood, a specific hobby rate and can be issued in any denomination in addition to the minimum financing requirements. A CD limits the right to access t...
Gone are the days, when you had to stand in long queues and go through a cumbersome process to open a Savings Account. The process would usually take days, in some cases even months for the process to be completed. In this age of technological revolu...
A checking account, also known as a transactional account, is one that can be easily opened and allows easy access to money. This type of account is essentially used to make quick bill payments and make the most out of financial transactions. The mon...
