15 July 2008 | No Comments
Categories: Banking
In general, online banking institutions have many of the same types of services as those provided by ‘bricks and mortar’ facilities. Of course, you can’t walk into a local branch where the tellers know you… ---> Continue Reading

14 July 2008 | No Comments
Categories: Banking
The nationwide electronic network for banking and financial transactions in the United States is known as the Automated Clearing House or ACH. The ACH system is a batch driven system that processes both debit… ---> Continue Reading

12 July 2008 | No Comments
Categories: Banking
Online Banking Terms
Before selecting any type of product or service, it is prudent to review and understand common terms and definitions associated with the subject so that you won’t be caught in a position of… ---> Continue Reading

10 July 2008 | No Comments
Categories: Banking
Although both online and branch banking institutions are highly regulated in the United States, and consumer protection is provided by a myriad of other rules, procedures and regulations, errors do happen. When it… ---> Continue Reading

09 July 2008 | No Comments
Categories: Banking
If you have decided to join the 21st century and selected online banking, there are some things that you should look for in the short list of banks you are considering. The important things are… ---> Continue Reading

08 July 2008 | No Comments
Categories: Banking
People choose to open an offshore account for many reasons. They may be looking for better rates. They may be taking advantage of more stringent privacy laws. The offshore account may be… ---> Continue Reading

07 July 2008 | 1 Comment
Categories: Banking
Bill pay offered through your online banking account is an increasingly popular service offered by most banks today. Electronic billing allows the bank account holder to transmit funds from his account, to a creditor such… ---> Continue Reading

05 July 2008 | No Comments
Categories: Banking
Before the days of online banking, reconciling the bank statement used to rank right up there with getting a root canal, and it had to be done every month. The reason for the reconciliation… ---> Continue Reading

05 July 2008 | No Comments
Categories: Banking
Many individuals today are concerned about the loss of privacy in transacting business on the internet. At the same time, internet businesses are upgrading security locks and working to protect privacy of the customers… ---> Continue Reading

04 July 2008 | No Comments
Categories: Banking
FDIC, the Federal Deposit Insurance Corporation is a United States government backed corporation that guarantees the accounts of bank depositors up to $100,000 if the bank defaults. The amount is increased to $250k if… ---> Continue Reading

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