More than 20 million people in the US don't have a bank account. The main reason is that ChexSystems is so important in the world of consumer banking. ChexSystems is used by about 80% of banks and credit unions in the United States to check new...
You might want a Swiss account outside of Switzerland if:
- Grow your company;
- Minimise your taxation;
- Make running a business easier;
- Protection of assets;
- Estate planning;
- Privacy...
You can find websites on the Internet that will help you open a private offshore account, but be careful about which one you choose. Some are backed by real businesses, while others are just a few web pages and a few guys in a back...
Make sure that you like the country where the bank is located. Find out which well-known banks from other countries are there. Find out more about the bank's history and who the real owner is. Ask how often the staff changes, especially if you...
It's important to remember that the first offshore financial centres were set up by banks and companies on land. Why? Because they felt like they were being held back by old laws, rules, and regulations. Citicorp, the biggest bank in the US that...
These days, teens and people in their early twenties are very smart, but not always about money. So when Visa calls, they grab credit card deals (which are often aimed at college students) and start piling on "deals," only to end up in debt...
Health insurance is a must-have these days. Most schools in the United States require that their students have health insurance. Surveys show that almost 30% of US students don't have health insurance and ask their parents for money when they...
There are more Community Development Banks in the US than there are in the UK. They were originally set up to help people who live in low-income areas. The goal was to help people who wouldn't normally be able to use traditional banking services....
Also, the banking system has changed enough to keep up with the times. Most of your banking needs can be taken care of without going to the bank. Virtual banking is becoming a very popular way to bank because it is made possible by computers....
People's banking habits have changed since the invention of the Internet. Most transactions can be done online, and there are ATMs all over cities and towns where you can get cash quickly. You can even use ATMs from banks other than your own...