The financial services industry is highly regulated and requires people working within the field to have professional training within the field. There are several exams and tests required by those working in the financial industry. Depending on the financial career chosen occupation, you will have different classes and exams to choose from. ...read more
Most people use their bank often, but give little thought to who regulates their bank. In the United States, national banks are regulated by the Office of the Comptroller of the Currency. This national agency is responsible for regulating and supervising national banks, as well as regulating national branches of foreign banks. ...read more
Many businesses and individuals open international bank accounts for tax reasons. The Internal Revenue Service requires that only foreign accounts with balances higher than $10,000 be reported. Many international bank branches offer online banking for convenience. International accounts can be set up via phone or online. ...read more
When money needs to be sent from a domestic bank account to a foreign bank account, an international money transfer will move the funds. Many banks and money transfer companies send international money transfers. It can take up to a week for the money to be available in the recipients account. ...read more
Have you have thought about opening a Swiss bank account because it yields higher interest rates? You may not be clear on how to open an account or how to put money in a Swiss bank, but it is not as difficult as many believe it to be. Here are some steps on having your own Swiss account. ...read more
A small business bank account is the same concept as a personal bank account except you are using it exclusively for business purposes. Moreover, it helps to keep your business and personal transactions separate. In addition, many banks offer completely free business accounts, which is especially helpful if you are just starting your business. ...read more
Have you thought about opening an Internet bank account and wondered what the benefits are? It's important to understand that most on-ground banks offer Internet banking for their customers, but an Internet-only bank is one that has no local branches and functions exclusively online. ...read more
Are you not happy with your current bank but because you have been with them many years you fear switching banks? There are many good reasons to change banks accounts such as gaining higher interest rates, convenient locations, and better hours. If your bank is not meeting your needs, there are easy ways to transition to a new bank. ...read more
Mobile banking is the act of performing money transactions through your mobile phone. It uses Internet technology to access banking. Getting financial and banking services do not require you to physically go to the bank. The range of tasks you can perform depends on the bank. ...read more
Retail banking offers financial services and accounts to customers. The banking industry employs many customer service professionals to assist customers with their accounts. A few examples of retail banking customer service professionals are bank tellers, accounts clerks and loan officers. ...read more
Technology in the past 50 years has given the ability for people to read, watch movies and check emails on the go. Mobile banking has developed just as rapidly as these other abilities and has become a staple in the history of banking. Here is a history of how banking came to be so mobile. ...read more
Financial advisors help corporations and private clients develop financial plans that match their current needs and future goals. To become a financial advisor, you need to earn a relevant education degree, and get hired by a reputable financial institution where you can work on building a loyal clientele. ...read more
You can use a credit union to get auto loans, savings account, and checking account, as well as many other things. If you are a member of a credit union, you are actually part owner of it, so you get dividends from the company. You can learn how to report dividends from a credit union account in a few short steps. ...read more
Banking online is a great way to bank and saves you a lot of time. You can pay your bills online, check your account balance, and transfer money from other accounts while sitting at home on your computer. You can bank online by contacting your bank and setting up an account. You will have a username and password to sign into your accounts online. ...read more
Private banks are popping up all across the nation. Starting a bank is not easy and will require a lot of work but it is not impossible. To start a bank you will need expert advice and funding to make sure the bank lasts a long time. You should be aware of any laws and regulations that exist in your state for starting a private bank. ...read more