To be used for any questions related to Banking transactions that can be carried out online [web based]. There is another broder tag online-tools if the questions is not specific to Banking

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1answer
84 views

Tangerine's Android app asked me something about noting my location. What did it ask, and what did I agree to?

I live in Canada. I use Tangerine (formerly ING Direct). Tangerine is the "direct banking" division of Scotiabank. The upside of using Tangerine is that it charges no monthly fees. The downside is ...
1
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1answer
40 views

Control mechanisms on banks' total income

What standard or rule controls total money transactions in a bank (especially internet banks) so that they don't create money for themselves? As I understand it, banks can create money as they loan. ...
0
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1answer
92 views

What UK banks use card readers?

I'm with a UK bank that authenticates by sending a text message to a mobile phone number. I don't like this at all and I would like to switch to a bank that uses a solution with a cardreader, so that ...
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0answers
61 views

How to transfer funds online from a Canadian CIBC account to RBC instantly?

I thought Interac transfer is instant but my mom wants to send me money from her CIBC account but she said it takes 2-3 business days? What method can be used to transfer from a CIBC checking to a ...
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1answer
67 views

How can I compare having accounts at various banks without opening an account?

I currently have an HSBC checking, savings, credit card, and overdraft protection account. I do not like HSBC though for a number of reasons, so I'm looking into transferring to a different bank. ...
0
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1answer
48 views

What is the most convenient way I can accept money transfer online? [closed]

I've made a deal with a person over email. He needs to send the payment online (around $3000), what is the quickest way I can make this happen? I need to be able to accept this transfer by tomorrow.
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0answers
16 views

What is the SEPA optional category?

When I'm writing a wire transfer (both with my personal and with my company's accounts), my bank allows me to enter "optional SEPA fields", most of them look redundant or useless, but one is a bit ...
2
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1answer
46 views

Is there a US credit union for foreign people?

I need to open a US account. I work for US based clients from Argentina and I need to receive payments and to transfer funds outside the US. I'm using PayPal, but I need another option to receive ...
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1answer
172 views

Is there a way to open a U.S. bank account for my LLC remotely?

I'm operating a company remotely — I'm not in the U.S. Is there a way to open a bank account without going to the U.S.? I've called a few banks and most of them require myself to go the a ...
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3answers
4k views

What is the difference between the closing date and due date for a credit card?

I just got my first credit card ever to begin building a credit. I got the chase credit card called Freedom. I have heard so many stories of credit cards that I got a little scared and that is why ...
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1answer
84 views

Can personal banking customers use the BMO Harris Bank remote cheque deposit system?

I live in Canada. I notice that BMO Harris Bank offers remote cheque deposit software, powered by DepositEdge, for its commercial banking customers. But I only have a personal banking account with ...
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1answer
93 views

Why no “reverse direct deposit” setups?

Every online payment provider I've examined requires the user to link their bank account to their online account: paypal.com circle.com coinbase.com Especially in the US, this isn't the most ...
2
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0answers
57 views

Opening a bank account in France

I just moved in France, and it seems to be vital to have a bank account here. Even to buy a sim card you need one, and of course if you are going to work legally. I would like to ask you if it is ...
2
votes
1answer
719 views

What is the easiest way to open a foreign Bank Account?

I live in Argentina. Nowadays in my country it is almost impossible to buy foreign currencies as American dollars or Euros. I was thinking if it is possible to open a foreign Bank Account to be able ...
5
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1answer
657 views

Am I putting myself at any security risks by putting all my money in one bank institution?

Currently, I'm putting all my savings into one bank institution, but spread into several accounts. Are there any security risks in this approach? It is convenient for me as all my money can be ...
56
votes
10answers
8k views

Why don't banks give access to all your transaction activity?

In the era of big data, I find it surprising that banks and credit card companies only offer access to a ridiculously small number of transactions - often only your last 180 days, if that. The longest ...
1
vote
1answer
481 views

What is KIRCHSTRASSE on my statement bill?

I'm from the UK, I've been in Spain for few days and I've checked my bank statement recently, and I'm have the following transaction which I can't recognise: 4 Sep 2014 POS 0158 02SEP14 , ...
8
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1answer
413 views

Capital One Free Credit Report - Effect on Credit Score

I have a Capital One credit card. As part of their online services, they offer free credit score requests. I recently began using that service, up to twice or thrice per month. Capital One ...
10
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3answers
2k views

Should I pay rent electronically?

I'm renting an apartment from an individual. The landlord and I discussed the possibility of paying rent electronically. My bank (BofA) has some kind of electronic payment option where I'd enter the ...
1
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0answers
317 views

How can I open a Canadian bank account from within the US? I am a Canadian citizen residing in the US

Can I open a Canadian bank account from within the US? I am Canadian citizen residing in the US for many years. I would rather not travel to Canada just to open a bank account if possible. Does ...
1
vote
1answer
352 views

Sort Code, Account Number, but no account name

I'm trying to pay money into an account. I have the Sort Code and Account Number, but no account name. I know the company that owns the account, but I'm sure they have MANY accounts. Can I put just ...
0
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1answer
144 views

How can I know the minimum due credit card payment and date for an ANZ Visa card?

I have a Visa credit card from the ANZ bank in Australia. I'm currently overseas so cannot visit a branch and would like to avoid international phonecalls so I'm using only Internet banking and email. ...
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3answers
2k views

Who performs the blocking on a Visa card?

I recently tried to pay for a train ticket online with my Visa debit card. However the payment got refused, but the price of the ticket is being blocked on my card. I contacted the train company to ...
1
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2answers
87 views

interest rate on online banks

i live in Israel, a country with a non-competitive banking system, which causes them to offer unattractive interest rate on almost every acoount (regular, savings short term deposits etc.-- short term ...
3
votes
1answer
281 views

Transferring money between two banks

Why does it take so many days to transfer money between two banks in the US. I have accounts with two different banks in the USA, and whenever I transfer money online between those two banks, it takes ...
0
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1answer
128 views

Is it possibly to keep money purely online?

Is it possible to keep money purely online? An account of some sort that functions like a bank but doesn't require physical receipts,cards,papers,etc? I would consider cryptocurrencies, but not ...
2
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1answer
123 views

In Canada, how can I most easily/cheaply send money to a friend online?

I'm moving from Europe to Canada, and considering the high fees for wire transfers (the default, instantaneous, cheap, online method I've always used so far), what is the most economical way to send a ...
4
votes
1answer
237 views

What should I be wary of when opening a savings account?

I'm looking to open a savings account (probably online) but I want to make sure I avoid any pitfalls. After looking at Bankrate.com I put toegether a bit of a list, but is there anything else I should ...
20
votes
4answers
6k views

Why is transferring money online to someone else's bank account so difficult in the U.S.?

I used to live in a poor, third world country (India) where I freely transferred money between my bank account (a savings account) to accounts held by my friends in different banks, and different ...
3
votes
3answers
5k views

What foreign exchange rate is used for foreign credit card and bank transactions?

I am an Indian. I would like to know about how foreign transactions work. I have paid my GRE $185 fees through my SBI credit card. I was charged something around 11k rupees. How is the dollar rate ...
1
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3answers
507 views

Do any banks issue one-per-vendor credit card aliases / unique numbers?

It seems that compromised credit card numbers have become a cost of banking--often through no fault of the bank or the consumer. But getting a new credit card number is a real pain in the neck--you ...
2
votes
2answers
525 views

Automatic bill payment - direct deposit or automatic checks through mail?

I have a personal account with BOA and I'm curious how I should set up my automatic payments (to utilities, landlord and friends). Should I A) go directly to the companies (that have to pay) and ...
8
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6answers
628 views

How do you maintain your personal financial account #s and passwords?

I've done the larger estate planning questions for myself and my growing family, but on the less tangible and digital keys, how do you maintain a list of your financial information? I know nearly all ...
5
votes
4answers
11k views

How to use debit card with money on savings account?

I see that a lot of banks offer savings account and current account with online banking. Usually the savings account can have instant access and some interest rate, while the current account has no ...
2
votes
1answer
177 views

How to automate and streamline saving for multiple large purchases?

My situation is the following: I want to automate as much of my finances as possible I want to have multiple savings goals (perhaps house, wedding, new car, or recurring 'savings' items like car ...
1
vote
2answers
714 views

Why are interbank payment (settlement) systems closed for weekends and holidays?

Why are interbank payment (settlement) systems (TARGET2, for example) closed for weekends and holidays? Are they saving on the electricity of their servers or something? Or are they really checking ...
4
votes
2answers
496 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 ...
2
votes
2answers
320 views

US Banks offering Security Tokens in 2012

I'm wondering what banks in the US offer security tokens (keyfobs or an Android app serving the same function). I'm having difficulty digging up any details about this, since every bank happily claims ...
6
votes
4answers
39k views

Why is there a delay on credit card transactions showing up on my online statement?

If I make a purchase with my credit card there is a delay of a few days before it shows up on my online statement. If I make a purchase with my debit card it usually is displayed that day. Why the ...
8
votes
4answers
9k views

How to change a large quantity of U.S. dollars into Euros?

What is the best way to change $30,000 dollars from the U.S., into Euros to Europe ? Is an international bank account the best solution? If not, then what?
2
votes
1answer
252 views

How do I remotely open a bank account in Thailand?

A friend of mine told me that Thai bank account has no limitations in paypal for transfers, etc. I would like to try it out and open bank account in Thailand, register paypal account for it and use it ...
2
votes
3answers
626 views

Is it possible that your bank balance goes to negative

Recently I was in Spain and I withdrew all money from my account while returning. At night I checked my balance online and it showed -250 Euros. Is it possible? Should I have done something about it?
6
votes
2answers
99 views

How can I evaluate a bank's online connectivity?

How do I evaluate a new bank or credit union's online system? I use quicken and I currently have problems like unexpected down time from the bank or quicken saying there are no more transactions ...
3
votes
1answer
405 views

Which institutions in Canada offer true read-only guest accounts?

I've been reading a lot about Mint.com and Yodlee, but I just can't get over the fact that they store a set of credentials which could be used to empty your bank account if they fell into the wrong ...
5
votes
5answers
3k views

Joint bank account - is this normal?

I've recently opened a joint bank account with my fiancee. And yet, everything seems to be in his name, with me tacked on as an afterthought. Is this the normal way of doing things? If I were to move ...
7
votes
3answers
357 views

Is a “secure key” token for authenticating to online banking really more secure?

I have one of these secure key things, that I have to use to log into my bank account. It is extremely annoying, and makes mobile banking awkward. So I want to know if it's worth it. The key, once ...
2
votes
1answer
82 views

Security of Online Bank/Brokerage/Mutual Fund Accts?

Online bank/mutual fund/brokerage accounts and electronic transfers make it easy to move money around. However, I've started to wonder a little about the security. Assume for the sake of argument ...
4
votes
3answers
258 views

Online savings or money market account with a guaranteed rate?

I'm planning to move my rainy-day fund into an online savings or money market account in the near future. For a couple of months, I've been keeping an eye on rates and recommended accounts at sites ...
15
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6answers
3k views

Why do banks encourage me to use online bill payment?

In the US, most consumer banks offer online bill paying. It's convenient for me, but what's in it for the bank? Many vendors take payment electronically, but some require a paper check sent via the ...
4
votes
2answers
504 views

investing - where to trade online? (Greek citizen)

I wanted to know if you could help me a bit because online searches didn't bring back many results (at least what I was looking for, ie non-Greek banks, etc). Can you recommend any sites where ...