Tagged Questions
0
votes
1answer
103 views
Holding a bank account in the US, without citizenship, while no longer living there
I travelled to the US for a 3 month project and was paid into this account. I have since left and still have money in the account and still in good contact with the people whose address I stayed at.
...
0
votes
2answers
119 views
What could a malicious party potentially achieve by having *just* a name, account number, and sort code?
There seem to be many conflicting points on this issue, most prominently this story published in the Daily Mail not so long ago , so I ask the nice community on stackexchange to shed (researched) ...
3
votes
3answers
771 views
How can I get free or discounted checks for my bank account?
I bank with chase and my account type does not qualify me for free check books. I have to pay a fee to get a check book. Is there a way I can:
Get a free check book for my account?
Print my own free ...
4
votes
2answers
156 views
Digital money pots?
I want to be able to create digital money pots, similar to the physical piggy banks people keep at home, i.e.
Pot 1: Money for food per month
Pot 2: Money for car fuel per month
Pot 3: Money for fun
...
6
votes
1answer
289 views
How to reactivate my dormant bank account in the US as non US resident?
I opened a bank account with Capital One in 2009 when I was in the US for work and travel.
Last year I started Android app development and I used this Capital One account for Android app sale ...
7
votes
1answer
269 views
Can I get my savings from my mom's bank now that I'm 18?
I turned 18 two weeks ago. My whole life I've had a savings account with my mom at Wells Fargo/Wachovia. However, I have a personal checking/savings account with my dad over at Bank of America which I ...
1
vote
1answer
171 views
leaving the amount on a check blank
Suppose a person writes a check out to someone that they owe $500, but does not specify the amount on the check and instead tells the person to fill out the amount for five hundred and cash it. If the ...
6
votes
2answers
185 views
Common practice to closing a checking and savings account?
Is there a common practice to closing a checking & savings account?
For example, should I transfer all the funds electronically to my other bank then call and close it or is it better to get a ...
2
votes
3answers
665 views
Difference between the multiple cash withdrawal options on these ATMs?
I always get confused when selecting the options. I just go for the normal cash withdrawal option. But, I would like to know the difference in them. And, is the bank charging you different to use the ...
4
votes
5answers
702 views
Are bank account numbers unique?
If somebody sends me money and I write the swift code wrong, will the money go somewhere else?
I know bank account numbers are unique within a bank, but will are they unique globally?
Update: I ...
7
votes
6answers
515 views
How can my friend send $3K to me without using Paypal?
My friend is a paraplegic. He can't go to the bank and wire the money. He used to send money from our partnership via paypal. Now I am banned from paypal. What's the alternative? Google checkout?
I ...
4
votes
1answer
166 views
How do I evaluate risk exposure to my U.K. bank in light of the possible collapse of the Euro or Eurozone economies?
I understand there are concerns about runs on banks in Eurozone countries like Greece and Spain. Should this happen, it might put pressure on banks elsewhere.
How can I evaluate the risk exposure of ...
3
votes
1answer
81 views
How are days counted when funding a new account within 10 days
I just opened a new CD today and it told me I have 10 days to fund the account. I think the specific wording said "within 10 days." I'd like to know how these days are counted as I am unsure if any of ...
2
votes
3answers
539 views
How is interest in my bank account calculated?
I am a software professional. I have one question. How do banks calculate interest on money deposited, if I get, say, 10 % per annum?
Say I deposit say RS.1000 on the 1st day of the month; then I ...
9
votes
6answers
1k views
Should I have separate savings accounts for various savings goals?
I have read through some personal budgeting articles and saving tips. Most articles and books mention saving money for emergency funds, large purchases, etc.
Should emergency funds and saving funds ...
4
votes
4answers
342 views
Why don't banks calculate interest in CDs using continuous compounding?
Why don't banks calculate interest in CD using continuous compounding (which is higher than compounding quarterly)? While in the case of a mortgage they use continuous compounding.
4
votes
3answers
414 views
What's up with this weird Wells Fargo account nickname policy?
This question is super random, but I have a savings account that I want to throw 10% of my money in per month for savings. I wanted to nickname it "Tithing", and Wells Fargo gave me this error:
...
3
votes
1answer
171 views
Who issues bank numbers in the United States?
I was inputing my routing number for a new bank account to do direct deposit and I started to wonder why every bank has the same format for routing and account numbers.
Who issues the numbers?
Is ...
4
votes
3answers
284 views
Which UK banks have an account that features free online incoming/outgoing international wire transfers and no monthly charges?
This is a similar question to US bank w/ free online incoming/outgoing international wire transfers, no monthly charges, online application in relation to the UK.
Which UK banks have an account with ...
10
votes
2answers
2k views
Why is there a limit of 6 ACH transfers out of savings accounts (per month)?
I recently discovered this limit the hard way, after being charged a fee for each transfer over the limit. With online banking becoming so prevalent, this is a huge inconvenience as it prevents people ...
4
votes
5answers
2k views
Is there such a thing as a deposit-only bank account?
My employer wants me to give my routing-numbers, social-security numbers, and basically everything else required to take money out of my account, to several third-party direct-deposit websites (one ...
5
votes
4answers
206 views
Advice on selecting a bank in the US
I'm moving to the US soon so I need to choose a bank to open accounts with. Does anyone have any advice on which banks or credit unions are good or particularly bad?
For the purposes of this ...
6
votes
5answers
269 views
Checking to brokerage transfer latency: Why does it take 3 days to move money, even at the same bank?
It takes my bank 3 days to transfer money back and forth to my brokerage account, even though my checking and brokerage accounts are both with the same bank.
I don't understand why in the digital age ...
6
votes
4answers
232 views
What is an alternative to bank CD accounts that would pay slightly more interest?
I am looking for an FDIC (or other reliable body) insured account that pays more in interest than CDs. What is the next step up, interest wise, from CDs, even if it means tieing up the money longer ...
8
votes
3answers
647 views
If banksimple.com is not a bank, what is it?
I came across Banksimple.com, and I was wondering whether or not it is safe to entrust your money to.
The About Us page says
We partner with select deposit-taking
institutions. We spend our ...
2
votes
2answers
2k views
What's the difference between a Chequing account and a Savings account?
Because I know you can draw cheques from a savings account, so what gives?
15
votes
2answers
936 views
What are the advantages of a Swiss bank account?
I've heard about bank accounts in Zurich / Switzerland, but I don't fully understand the unique advantages of swiss bank accounts. What I do believe about these (but don't know for sure):
They ...
8
votes
3answers
542 views
Which bank (checking & savings) offers the best interest rates, lowest fees, and is FDIC insured?
We currently use ING for our banking and like a lot of its amenities, but their rates (as most banks, I'm sure) keep going down, down, down. The current savings rate is 1.25% APY and checking rate is ...
6
votes
4answers
108 views
How can I save on banking charges?
What tips and tricks do people use to keep the cost of banking down?
