A bank statement is a commonly-used document by banks and their users. You might be receiving such a statement every month either in physical form or e-mail. It’s basically a summary of the banking transactions you’ve done for the month. Many people confuse it with an invoice, but it’s not technical…
When you want to make a payment, cash may not always be an option. There are multiple ways for you to make a payment, but money orders and cashier’s checks are among the most popular kinds. While these two are two types of checks, there are still a few notable differences between them. Cashier’s che…
Checks – it’s been a while since anyone’s heard about them, right? However, even if everyone is now busy with bank transfers and debit cards, there are still some people that just prefer signing checks. It saves them the trouble of going to the bank – and let’s face it, they feel fancy. That being […
At a Glance: A check is a dated, written, and signed document that allows a bank to pay a specified amount of money to the payee. Canceling a check is possible if done in a timely manner, such as in the case of loss or theft. Voiding a check is done by writing “VOID” across […]
In this modern age of payment cards and e-wallets, checks have somewhat got left behind. But they aren’t outdated entirely and still in use. When you’re asked to write or receive a check, it’s essential to know that there are different types of checks. Certified checks are just one…
A debit card is more of a commodity than a luxury. Almost everyone who has a bank account carries one. The benefits are plentiful, and it’s a great way to go cashless. But what many people don’t know is that there’s a minimum age requirement for possessing debit cards. In this article, we’ll explain…
Many Americans use debit cards in order to gain access to their money more safely. But although there are so many debit card owners, not all of them know what the security code is, and what purpose it serves. You may be in the same situation if you accessed this page. Well, we ensured we […]
When you are traveling abroad, you can’t always be certain that you will have cash at hand. In most cases, you can use modern alternatives such as debit cards and other options, but sometimes, that is not possible – not when you are likely in a small town, with very few ATMs around. In that [&hellip…
According to a 2019 survey, about 95% of the U.S. households had a bank or a credit union account. Bank accounts are something most people need at one point, but opening one becomes difficult when you have no idea which bank would be best suited to hold your funds. So, how to choose a bank? [&hellip…
Banks operate for a profit, and they make this profit in various ways, monthly maintenance fees being one of them. Banks charge maintenance fees for providing services to their customers. But are they too high? Can they be avoided? This article will answer some of these questions about the monthly m…