Getting a free checking account

You should ensure that you know how to get a free checking account as nowadays money is what is making the world to be a very competitive place. With this free service, you should avoid the banks that usually charge you a fee to create an account. These banks will also charge you some money in order to maintain your checking account. Therefore, it is advisable to use this checking account which will offer you free services. If you do not know how to get this account, here are tips on how to do it

• In order to create a free checking account, you should ensure that you have made a list of those banks tat are available in your locality. In order to make this list you can obtain a city directory and will help you to know all the banks that are within your locality. Remember as you create the list you should also include the contacts of the banks

• Since you had created a list of the banks with contacts, you should use the contacts to inquire more about the bank. You can either visit the website of the various banks or make a phone call to the banks.

• Contacting the bank will help you to know whether they are free promotions that are being offered for specific people maybe for students. You should ask which group of people is reliable for the free checking.

• If you discover that a certain bank is offering free checking for a specific group of people it is advisable that you should maybe open an account with a person who is eligible for the services. This is a good method that will help you to enjoy the free services.

• If you find that you are not eligible for the free services in a certain bank you can inform the representative that you want to go for another bank. The representative can give you other better or cheaper services.

Related:
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Free Business Banking – Tips when looking for one

When you are starting up a business it is important that you have a banking account for your finances, however you need to be keen on the deal that you are getting into. You should be aware of the free business banking term for it is applied differently in various banking institutions.

A typical bank will offer a period of freebies such as free accounting advice and software, no transaction charges, business planning software, business books, guides and seminars in the name of helping your business of the ground but only as a way to encourage you to open a bank account with the bank.

Once the business account has been in the bank for a given amount of time, which in most cases range between 12 to 18 months, the free banking freebies are often taken away and you are then left to operate on standard banking terms. So when you are looking for a free business banking service you should find out all what is covered by the term free. By asking questions such as if the free period covers all the transactions or a given number or form of transactions, you should also inquire if they will be charged if they make large number of transactions on monthly basis.

It is important also to be informed of what happens after the free business banking period is over. You should ask question such as whether one will benefit from other bank offers or if you will be switched automatically to the standard banking terms or there is another given option. You should also be given a contact, from the first day, with who one can easily manage their account. The contact should be able to answer all questions that you might have concerning their account, as well as meet the client’s needs.

Related Topics:

bbva compass online banking, Barclays online banking, online banking, best online banks

Best Bank Account – Tips on How to Open One

If you want to open the best bank accounts, it is important that you should read this article keenly as it will provide you with some important ideas on opening it. Remember that when you want to open an account, you should make some important decision regarding the account you want. When opening an account, you should consider some several factors.

When you are opening the best bank account, it is important that you should examine your current financial situation. You should have a clear reason why you are opening the account. You will find that the account may require a minimum amount of money for maintenance. It is important that you should always ensure that when you open the account, it always has the minimum balance because failure to do this will lead you to be fined. Always ensure that your financial situation will always allow you to have the account maintenance money.

Before opening the account, it is important that you should inquire on the charges for using the services. This will help you to open an account in a bank that offers low charges for the account. Once you acquire the best bank, you can open the account knowing that there is a fee that you will be charged for the services being offered.

You should also know the bank account charges when you want to withdraw the cash using an automated teller machine. You will find that some banks will charge you a higher rate when you are withdrawing from an ATM that does not belong to them. You should also know whether your bank account limits on the number of ATM withdraws that you can make in a month. If you open an account from one of the best account you can be assured of enjoying the services that you will be provided with.

Related Topics: BBVA Compass Online Banking

Vatican Bank

The Vatican Bank is also referred to as institute for works of religion. This bank is owned by a private company. The location of the bank is in the Vatican City. The operation of the bank is supervised by a professional chief executive officer. The CEO of this bank is required to make daily reports to a committee that is made of cardinals. The cardinals oversee the running of the bank and in turn are supposed to report the bank’s progress to the pope. There is a supervisory council which directs the IOR. In 2009, this supervisory council consisted of president or the CEO known as Ettore Gotti, the vice president was Hermann Schmitz; other people in the council included Manuel Soto Serrano, Carl Anderson and Giovanni Censi.

The bank’s assets are not considered to be property of the Holy See. The bank is listed to be among the assets of Annuario Pontificio. This is a not only successful bank but also profitable. In the 1980s, this Vatican Bank had been involved in a financial and political scandal. This scandal involved the collapse of a major shareholder known as Banco Ambrosiano. During this collapse, the bank lost 3.5 billion dollars. In 1982, there was an archbishop known as Paul Marcinkus who was indicted in Italy as he was associated with the collapse of the major share holder. This archbishop was the head of the IOR during year 1971 to the year 1989.

Though the archbishop was indicted in Italy, he was never tried as he was claimed to be possessing immunity as he was a diplomat. He retired from being the head of the bank and he died in year 2006. Banco Ambrosiano, the share holder was facing accusation of spending the money for the Sicilian mafia. As a result of the scandal, Banco’s chairman Roberto Calvi was murdered.

Topics: Vatican Bank, the Vatican Bank, vatican banks, vatican bank scandal, money laundering, website