Types of Bank Accounts

A bank account is a record of the financial transactions between the customer and the banking institution. The banking institutions have provided several types...

Basics of Investment Banking

An investment bank is a type of financial intermediary that performs a variety of functions such as underwriting, facilitating mergers and acquisitions, or brokerage...

Purpose of a Bank Reconciliation Process

Bank reconciliation is the process of reconciling the bank statement balance, with the book bank account balance in the customer's (client's) books of accounts....

Before Buying a Banking Software

Banking software is sort of a vague term, actually. This is because there are a variety of them available in the market. The only...

Rules and Regulations for Joint Checking Account

Joint checking accounts refer to those bank accounts that are jointly held and operated by two people. They are mostly opted by lifetime partners...

Money Market Accounts Vs. Savings Accounts

Considering the current economic instability and the lack of faith of the common man in the financial system, it is obvious that today, the...

The Danger of Banking Abroad

By: Ira Allen For US-based banks, capping ATM and teller withdrawals, as well as point-of-sale purchases, is standard practice regardless of where you are. But...

Mobile Banking Services

Mobile phones are basically communication devices that can be used for several other purposes, such as for executing financial or banking transactions. After internet...

How to Find the Checking Account Number

If you have just opened your first checking account and are new to the banking system, you will need to know its associated number,...

How Does a Money Market Account Work?

Money market accounts offer competitive rates of interest on reasonably large deposits, thus providing the depositor the benefit of high returns. They can be...

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