66

There is no banking process in the world which requires you to share your "security info" (passwords, PINs, TANs, mother's maiden name or other authentication factors) with a third party. No bank anywhere in the world will tell you that there is any situation whatsoever where you are supposed to give those secrets to anyone but them. No bank anywhere in ...


22

There is a delay between the billing cycle and when the payment is due, it can vary, but it means you don't pay for any purchases for at least the length of the delay. In cases where you purchase at the beginning of the billing cycle, that's at least a month before you pay, but even in cases where you make purchases at the very last day of your billing cycle ...


13

I noticed that the interest rates on savings accounts are significantly higher than those of checking accounts. Why is this the case? Balances in savings accounts tend to be maintained for much longer periods of time (both by choice, and by restrictions on transactions), so the bank doesn't need to keep as large a reserve and can loan out more of the money, ...


11

Because rates might be lower before the 9-month period is over. If you don't think that's likely, that's fine.


11

There is only one answer to this. Wire the money. International transfer of money from Norway works very well and has decently low costs. Any other transfer method will either make you lose money or get a visit from anti-money-laundering law enforcers.


8

Let's break this down: who I then gave access to my online banking Check the terms of use you agreed to when you signed up for online banking. They universally contain language saying "don't give your username and password to anyone, for any reason." If someone wants to give you money, there are many safe methods to do so. There is, quite literally, no ...


7

There's absolutely no reason for your employer to sue. You didn't intend to defraud your company or the bank and you're perfectly willing to return the extra money that isn't yours. You shouldn't be arrested - crimes generally require some sort of intent to commit a crime, and you had good reason to believe that you were honestly getting the money you ...


5

It is a scam. Most likely, the vendor is also the scammer and the payment will eventually be reversed. Never accept money that you have not earned and is not yours to keep to do with as you like. Now that you know this company is trying to scam you, I strongly urge you to cut off all contact.


5

I want to start of my credit on a good note. Then don't play the "wait as long as possible" game. Keep it simple and pay it off at the end of the calendar month, no matter when you purchased things. Regularly log into the card's website to monitor your spending, and keep track of it in a spreadsheet. (I say this as someone who was deep in credit card ...


5

You should be receiving monthly statements for your credit card, either in paper form or electronically via your online banking system. Each statement will have a list of transaction processed in the billing cycle it covers, the total amount you owe, and the payment due date. You can use this information to determine how much you must pay and by when. Note ...


4

This answer isn't going to tell you how to determine if this is a scam, and is assuming that your bank and the other bank can do this across borders and with different currencies. In general one bank will need the routing number of the bank and the account number that is being linked. They then send one or more micro transactions to verify that the numbers ...


3

Why do online banks have this permanent residency requirement in place? First, not all banks have this requirement, but a great many do. When I was a non-permanent-resident worker I got an account at a local credit union specializing in people in my industry. But your question is why banks have a residency requirement. Let's follow the chain of logic: ...


3

The spaces are not part of the number and are just used to group digits. Some websites allow you to type the spaces and will remove them automatically, other sites consider spaces invalid. Don't worry, if the number is mistyped the website will show an error. IBANs also include an error detection code that ensures that you didn't mistype the number.


2

You are typically restricted by the number of withdrawals you can make from a savings account per statement, which is also why you don't have a debit card for it. My bank has this note on my savings account: Federal law limits certain types of telephone, check and electronic transfers and withdrawals from Money Market and Online Savings accounts to 6 per ...


2

You should check local consumer protection regulations for debit cards vs credit cards. In the US credit cards have stronger protections then debit cards. For example, if someone steals your credit card and goes on a shopping spree, the most you will be held responsible for is $50. For debit cards your liability increases if you delay reporting the theft. ...


1

Similar things have happened to me when using a debit card (in my case Maestro) where people typically use credit cards. It's also common if you come from a country where debit card are dominant (e.g. Netherlands or Germany) and you travel to a place were nearly all bank accounts come with a credit card (e.g. France). The reason this is happening is that ...


1

First, as was already suggested, you should go to a local branch. Even if they can't direcly do anything for you, they might be able to tell you how to proceed. If they can't and you… just want to pay my debt off and never have anything to do with Santander. I don't want their credit card. you always can cancel a contract by sending a letter, maybe a ...


1

Ask directly to your bank The best source of information would be your own bank. Every institution has his own policies regarding online banking and password managment for the different channels in which their products are delivered to their customers. Take in account that reimburse for "fraudulent activities" would take time, since the bank would need ...


1

With the new versions Gwenhywfar 4.99.16beta, AqBanking 5.99.32beta und Gnucash 3.7 it is working again. I found the solution at the thread https://forum.ubuntuusers.de/post/9099928/ Have a look at the PPA https://launchpad.net/~ingo/+archive/ubuntu/gnucash/ which is compiled ready for ubuntu 18.04


1

It is a combination product where the funds in savings account are linked to Fixed deposit. As the money is in fixed deposit, the interest rates are better. If the funds in savings account go below rs 10,000 the fixed deposits are broken automatically and credited to savings account.


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