The pros and cons of interest rates in banking

The Pros And Cons Of Interest Rates In Banking
To begin, banks are a place to deposit money. Most people think of banks like a safe storage locker. If a person deposits their paycheck into a bank they
have the guarantee of their money being there next time they check their account, that is if they choose to not spend it. Without banks, consumers
would be forced to hide their money in their homes and under mattresses. That is just impractical and poses many major risks. Banks are a much safer
alternative. Banks also offer interest rates. Interest rates help consumers not lose money while it sits in the bank. Interest rates fight inflation. According
to Tejvan Pettinger, "for current accounts, interest rates could be very low, but for a savings account, the interest rate could be significant" (Pettinger).
Generally, this is because savings accounts hold more money than a checking account. An important factor in banking is interest rates and with interest
rates comes inflation. According to Jean Folger, "Inflation refers to the rate at which prices for goods and services rises. In the United States, interest
rates are determined by the Federal Reserve" (Folger). Inflation and interest rates are inversely related to banking. This means if interest rates are low,
inflation will rise. This is because while interest rates are low people will be more likely to borrow money and this results in the people spending more
money causing the economy to expand. When the economy grows inflation rises. If interest rates are higher this
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Quickbooks Evaluation
Annette Flanagan
Week Three Course Project
Evaluation of Quickbooks
Section I Overview:
I decided to evaluate Quickbooks Pro 2008 since I already have the program on my computer and the changes that have been made to the software
since then are minimal. I have been using Quickbooks since 1994. It is a very good program for small business owners that are not familiar with the
rules of accounting. To set up your business accounting records you just need to know the following information: company name, address, website,
email, tax identification number, bank account numbers and balances in bank accounts. Quickbooks company set up runs through interview questions
which allow you to select the options they feel best suit your needs or ... Show more content on Helpwriting.net ...
Now you are ready to start entering your data and you can personalize the forms for your business. Quickbooks gives you templates of forms for
whether you are selling services or products. You have the ability to customize these forms with your company logo and the forms can be printed or you
can email them directly to your vendors and customers.
Section II Transactional Processing and Data Management: a. Revenue Cycle:
One of the first things you should do after completing the company setup is to start entering your customer information. To accomplish this you click
on customer center from the toolbar and then click on new. You fill in the data form with the customer's name, billing and shipping addresses, email,
phone numbers, contacts, if there is an existing balance and the date of the current balance, how the customer heard about you (which is great for
tracking your advertising), payment terms, sales tax information, credit limits, and credit card information if they pay by credit card. You can set up
different price levels for different customers which is beneficial if you have both wholesale and retail customers. If you have a customer that is no
longer active you check the inactive box and they will not appear on any of your customer reports but their information is still saved in the system.
After entering all of your existing customers I would then recommend setting up your inventory list. This option is found under Vendors–Inventory

Type of Bank Accounts
Survey of Various types of Bank Accounts, rate of interest offered
Mr. Pinto (name changed on request) of Axis Bank Limited of Nerul Branch was very co–operative when I visited their branch and introduced myself
as a 10th Std. student of Ryan International School, Nerul and inform my purpose of visit of carrying out a survey on various types of bank accounts
available and commonly used in India.
He offered me a place to sit and called for water and request to give him some time to complete his urgent in–hand work. Since the day was Saturday
hence visibly the no. of public was less. After half an hour, he turned up, excuse for keep me waiting and then first go thru the paper containing Project
Topics. After going thru the entire paper he ... Show more content on Helpwriting.net ...
The account has an average quarterly balance of Rs. 2500/– for branches in Urban / Metro / Semi Urban areas and average quarterly balance will be Rs.
1000/– for branches in Rural areas.
The Average Quarterly Balance shall be NIL if a Fixed Deposit of Rs 25,000/– or Recurring Deposit of Rs. 2000/– per month is maintained. The fixed
deposit should be for a minimum period of 6 months and the recurring deposit should be for a minimum period of 12 months.
Free personalized cheque book.
For Children below the age of 12 years, the account is to be operated by the guardian on behalf of the minor. Free ATM Card with a daily withdrawal
limit of Rs 1500/– will be issued in the name of the guardian.
Visa Classic Debit Card for children above the age of 12 years will be offered at Issuance Fee of Rs. 95/– and with annual fee of Rs. 100/–.
The child of age 12 years and above can also opt for an Image debit card with his / her own attractive picture or any other photo they choose.
Automated Facility for transferring funds to the child?s account from the parent?s account on a monthly basis.
Free Internet banking facility : The idea is to make the child internet savvy and expose them to the online banking environment.
Online forums with interactive tutorials and games about money.
Free SMS Banking.
Free monthly e–statements / Quarterly

Chase Bank Account
To Check the Account Balance of Chase Bank A checking bank account is a deposit account held at a financial association that permits taking out and
deposits. As well called demand financial records or transactional accounts, checking financial statement are very liquid and can be access using
verifies automated cashier machines and electronic debit, among other methods. Checking bank accounts change from additional bank accounts in that
it regularly agree to for several withdrawals and limitless deposit, while investments accounts at times maximum value are equally. Break down
checking account Checking financial statement can contain the big business accounts, student accounts and combined accounts, all along with the
various other varieties of accounts that propose related to the features. In exchange for liquidity, checking financial statement are normally do not
provided a high concern ... Show more content on Helpwriting.net ...
If you not remember to take out cash for an excursion to Starbucks, overdraft protection make certain that you don't contain a check return and replicate
badly on your skill to forfeit. However, a bank accuses a fee and composes money from this check; make sure you use the overdraft protection in
moderation and only in an urgent situation. The money quantities of overdraft protection are differing by account and by bank. In some cases, the client
needs to demand the calculation of overdraft security. If the overdraft protection is used extremely, the monetary institute can eliminate the security
from the account. BREAKING DOWN 'Overdraft Protection' Overdraft protection comes at a price. Although it does agree to its consumers to break
out paying overdraft bill, it does charge notice on the amount glide to them. Many banks allow their clients to link their bank financial statement to a
credit card in organizes to evade overdraft

Budget Questions With My School
Sitting down and discussing budget questions with our school bookkeeper was the most chaotic 45 minutes of my school week. I always thought being
the bookkeeper would be a stressful job because of the amount of money you had to deal with and all of the things you had to keep track of it, not
because of everyday office chaos. Our bookkeeper does an exceptional job and our principal agrees that she will probably never find someone to
replace her, however with all of the other stresses I could understand our bookkeeper leaving. While I was with Mrs. Banks there were people
constantly coming by and asking her to do things. Mrs. Banks does not have her own office and people often treat her like a secretary. Mrs. Banks and I
discussed how this is one of the main issues with her job.
She talked about how much she loved doing the budgeting and financing part of it, but how it was extremely difficult to do this and everything else.
While I was there she was trying to write six receipts for faculty members and this took over thirty minutes, something that should take five. Every time
she went to open the receipt books someone would come in with a question (student or faculty) and she would have to close the receipt book and put it
and the money in her drawer to protect confidentiality. She talked about how this could also cause you to misplace money if you were not careful. She
said some days she has little money and some days she has anywhere from six to eight thousand

Pros And Cons Of Bookkeeping
Why Should You Outsource Your Bookkeeping Matters to The Pros?
In the modern times, bookkeeping has become an increasing need for any and every business no matter how big or small. There is a reason why many
firms spend millions of dollars on a formidable army of bookkeepers every year. A bookkeeper is one of the few people who can actually make your
business easier. It is no secret that any business faces a number of bookkeeping related problems almost daily and dealing with these problems is both a
mental and an emotional challenge. But still, a large number of people choose to deal with their books themselves and end up getting in worse messes
every year until they finally realize that there is nothing left to salvage. However, even the worst scenario can be prevented by investing in a
professional bookkeeping service.
There are a number of benefits a ... Show more content on Helpwriting.net ...
Again that tiresome tax! Did you know that there are a lot of taxes that can be refunded? You may be losing a lot of money to these refundable taxes.
Similarly, people can deceive you in the name of taxes. A good bookkeeping service is important in getting you back your hard–earned money and
keeping you free from swindlers and deceivers. Your bookkeeper gives you more time. Imagine working all day for your business and trying to work as
a bookkeeper at night. It is a nightmare. Not only will you be tired, you will suffer a loss of more than money. Your health will deteriorate and you still
won't get anywhere. A good bookkeeper keeps your schedule free to focus on the business matters while taking care of your financial matters. A good
bookkeeping service keeps you out of jail. Every business gets an audit and you can be questioned in every little transaction. A bit of too much neglect
can have you declared as a tax thief and you can have legal action taken against you. This results in heavy fines and even jails. So keep yourself out of
jail and at ease by investing in a good bookkeeping

What Are The Advantages And Disadvantages Of Online Banking
ONLINE BANKING Online banking also referred to as internet banking, uses the internet as the delivery channel by which one uses to conduct
banking activities. Online banking will allow an individual to manage his accounts by doing the following activities; make payments, view accounts
and inquire about the balances, apply for credit cards and loans electronically. In order to access accounts online, one should have browser software
installed in their computers. This software will run the online banking programs stored on the banks world wide web server. Therefore, as per my
understanding, I would define an online bank as one that provides transaction services to clients over the World Wide Web. Due to the minimal
expenses online banks have, ... Show more content on Helpwriting.net ...
I would believe that two measures I've mentioned are not the only ones used by the banks, but I would like to think that different banks have their own
security measures that they use to keep the information protected from outsiders. All together any new technology has its advantages and
disadvantages. I am therefore going to outline some things that I feel affect our use of the online banking system positively and negatively. Advantages
The availability to inquire and carry out transactions twenty–four hours seven days a week. Therefore one does not have to worry about reaching the
bank at a specific time to get some information. Connection to your online bank is available worldwide. It doesn't matter where you are as long as you
have internet connection you can access your bank account. One is able to view all transactions carried out whether recent or old and be able to
evaluate himself financially. It saves time because you do not have to go and make long queues at the physical bank's site to carry out your

The Pradesh Bank Account Balance Enquiry Via Sms And...
Check Andhra bank Account Balance Enquiry Via SMS and Missed Call
The Andhra Bank is one most familiar and leading bank in the country of India and it was established by the well–known autonomy fighter and a
multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced commerce on 28th
November 1923 with a paid up capital of Rs1.00 lakh and a certified capital of Rs10.00 lakhs. away from each other from usual banking services and
solutions, Andhra Bank has introduced some striking services such as AB Premium present Account and AB Privilege Corporate Salary Savings Bank
Account with additional reimbursement to the consumers. Also, the bank has launched AB Saral Housing Loan system featuring housing loans up to
Rs. 20 Lacs Andhra Bank has as well amalgamated with a variety of economic institutions similar to Kotak Mahindra, Birla Sun Life Mutual Fund,
Reliance, and Fidelity Mutual Fund, supplementary them in sales of their shared finance products. The bank has also signed a communication of
Understanding with Maruti Suzuki Ltd. for financing 4 wheeler vehicles. Andhra Bank is the first bank in India to encompass launched mobile
biometric ATMs. These ATMs stop at predestinated sites, and in its place of inward bound the individual recognition number (PIN), the consumers
contain to match their fingerprints with their recorded fingerprints in the bank record. This has enabled yet the uneducated or inexpert consumers of the

Joint Bank Account From The Red Into The Black
Since Paul and I had centered our hastily migration to Fort McMurray around our need to move our joint bank account from the red into the black we
had not planned the following: where we would live; where I would work; and how long we would stay. Our daily perusals of the properties for rent in
the classifieds of the Fort McMurray Today newspaper confirmed that we were unable to afford the rent being asked for a house, a mobile, a townhome
or even a condo. We would have to rent a room in someone's house and potentially be forced to pay a bit extra because we were a couple. Paul and I
were unsuccessful in obtaining a room rental due to the influx of the transient people looking to earn a substantial paycheck from working as many
hours as ... Show more content on Helpwriting.net ...
At that time there were two theatres to choose from to watch a new movie release. Both theatres offered the same mix of green and red 1960's carpet,
sound systems that were unreliable and line ups that stretched around the block. Since we lived downtown, Paul and I tried to reduce our emissions
footprint by walking to the theatre. On numerous occasions we would often be the target of verbal obscenities from young men driving jacked–up white
pick–up trucks while they waited impatiently for us to cross the intersection. We continued this lifestyle until Paul was offered a permanent position
with a major oil sands company and accepted a signing bonus that included a $25,000 taxable first home down payment incentive. The lure of the
signing bonus and the increase in stock options assisted us in becoming accustomed to working fourteen hour days and before long we decided to adopt
the well–known 'Fort McMurray five year plan' as our own. By 2006 the population of Fort McMurray increased and the supply of adequate housing
was decreasing. Local real estate developers saw an opportunity to meet the demand by supplying single family dwellings that offered 1100 to 1400
square feet (sq. ft.) of living space, unfinished basements, no

I Had A Shock At The Atm Essay
While traveling recently, I had a rude shock at the ATM. Due to insufficient funds, the bank wouldn 't allow me to withdraw money. I walked to another
bank and tried my ATM card again. Again it was rejected. Now I was worried. Some ATMs seemed to have trouble with my bank card, but I had never
been rejected by two banks in a row. And when a third ATM wouldn 't disperse money, I knew something was seriously wrong. I returned to the hotel
where I was staying and used their computer to log on to my bank 's website. From there I could access my accounts, and I discovered that my checking
account had been siphoned dry. I sat there, almost dazed looking at the screen. I was in the middle of Patagonia, and I had been the victim of fraud. I
still had several weeks of vacation left – how would I get by? And how would I get back to the United States? How did it happen? After I had gotten
my breath back, I started to think. I reviewed my account history and put some pieces together. I soon understood how my account information had
been stolen. Several weeks before, I had made a transaction via PayPal. I had done this in an internet café, on a computer that must have had a
keystroke recorder program installed on it. My passwords had been stolen and my PayPal account had been accessed by a third party. Worst of all, my
PayPal account was directly linked to my bank account, and the perpetrator had simply drained my bank account into my own PayPal account and then
sent the money to

Bank of Baroda Account Opening Form for Individuals
Bank of Baroda
ACCOUNT OPENING FORM FOR INDIVIDUALS
Branch:
Account No.
F. No.–401
Y Y Y
_________________________________________________
Date:
Branch ALPHA
D
D
M
M
Y
Scheme Code
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
I/We request you to open my/our deposit account with your branch/bank as under: (Tick (√) relevant type of account)
Type of Account Scheme Name Type of Account Scheme Name Savings Bank A/c Term Deposit A/c Current A/c Other A/c FULL NAME, in
CAPITAL Letters (In the order of first, middle and last name, leaving a space between words)
M/F
1
2 3
Date of Birth (dd/mm/yyyy) PAN (if not available, please attach Form 60/61) ... Show more content on Helpwriting.net ...
[ ] I/We wish to be informed about the various features/ products and promotional offers made by the Bank from time to time. [ ] Please do not call/
contact me/us for various features/ products and promotional offers made by the Bank from time to time. Please issue Multi–city / Normal cheque book
and recover charges from my/our account as per norms of the bank (Give Option) Account will be operated and balance along with interest payable as
per operational instructions given above. I shall represent the said minor in all future transactions of any description in the above account until the said
minor attains majority. I will indemnify the Bank against the claim of the above minor of any withdrawal/transactions made by me in his/her account. I
/ We understand that in the event of the death of the depositor(s), premature termination of term deposit would be allowed without any penal charges to
the claimant(s) after following the due procedure. I / We also agree to maintain the minimum / quarterly average balance which the Bank may prescribe
as the minimum / quarterly average balance to be maintained to avail the facilities and agree to pay the charges if minimum / quarterly average balance
is not maintained and any other

Does The Bankruptcy Trustee Monitor Your Bank Account?
Does the Bankruptcy Trustee Monitor My Bank Account? When you file bankruptcy, whether it be a Chapter 7 or Chapter 13 filing, the bankruptcy
trustee plays a big role in the process. Once you and your bankruptcy attorney have filed a successful bankruptcy petition, the bankruptcy court assigns
a bankruptcy trustee who will be charged with executing your estate. In a chapter 7 bankruptcy the trustee will sell your non–exempt property and use
the proceeds to pay back your creditors. In a Chapter 13 bankruptcy case, you make one monthly payment to the trustee who then devise it up to your
creditors according to the payment plan that the court approves. Anyone filing bankruptcy must be completely honest and forthcoming about their
accounts, assets, money, and property. You cannot hide or get rid of money or property before or during a bankruptcy without getting it approved by the
trustee and courts. A bankruptcy attorney will be able to explain this to you in greater detail and offer you advise on property that you do want to get rid
of. There may come a time during your bankruptcy proceedings, typically in a Chapter 13 bankruptcy since they last longer, that you come into some
unexpected money. Should you report this extra income to the trustee? Another question is, will your trustee already know by monitoring you're
checking and savings accounts? In the majority of cases the trustee does not track your bank accounts after filing, especially if you have a bankruptcy
lawyer

Essay On Vijaya Bank
28. V Passbook
Vijaya Bank: Introduction
Vijaya Bank is one of the public–sector banks in India that offers a wide range of banking and financial services to its customers. Headquartered in
Bengaluru, it has over 2300 branches and 2000 ATMs in India. The bank gets its name since it was founded on the auspicious day of "Vijaya Dashmi"
in 1931. Nationalised in 1969, the bank has seen a steady growth over the years.
Vijaya Bank is one of the leading banks in India providing services and products based on latest technology. The bank offers a wide range of online
services to its customers. The account holders can enjoy these services from the comfort of their homes by using their net banking, mobile banking, or
debit cards easily.
Here are a few of the top Vijaya Bank mobile applications and banking ... Show more content on Helpwriting.net ...
It provides an easy explanation of banking terminologies
V–Mobile
Since more people are using mobile banking services, Vijaya Bank provides V–Mobile services so that they can avail banking services such as funds
transfer, balance check, etc., at the click of a button on their smartphones. Once the account holders have registered for mobile banking, they can use
their mobile banking credentials to login and use the app
V–Net Banking
Vijaya Bank customers can avail inter bank and intra bank transfers using the V–Net Banking services. The customers only need to register for net
banking facility with their bank accounts to avail these facilities
V–PayQwik
VPayQwik is a unique next generation bill payment service offered by Vijaya Bank where bill payment is made by scanning the QR code on the bill
generated by the merchant with no need to swipe a credit or debit card
Vijaya

Advantages And Benefits Of Account State Bank Of Travancore
State Bank of Travancore was one of the most prominent banks of Kerala. It was later merged with its parent company, State Bank of India, by an act of
the Union Cabinet on Feb. 15, 2017. The bank was established in 1945 by the Diwan of Travancore C.P. Ramaswamy Iyer. Due to his dictatorial style
and harsh methods, the bank never acknowledged his contribution. The bank attributes its foundation to the Maharaja of Travancore Sri Chithira Tirunal
Balarama Varma.
Services
The bank provides a variety of services such as personal loans, car loans, home loans and savings account facilities. These services are provided at
affordable interest rates and comfortable tenures. These services have been explained below.
Personal Loan State Bank of Travancore ... Show more content on Helpwriting.net ...
Proof of agriculture, dairy and poultry activity. Savings Account State Bank of Travancore
Other than having one of the largest network of branches and ATM's, the bank offers many benefits on its savings account. These benefits have been
listed below.
Benefits of Savings Account State Bank of Travancore
Enjoy an interest of 4% p.a. on your deposit account.
Locker facilities for storage of important documents and jewellery is available
A vast network of ATM's ensures that you are never out of cash.
Nomination facility is also provided and recommended.
The account holder will get SMS alerts on the various financial transactions on their deposit account.
Mobile banking facilities or easy banking on the go.
Online banking facilities so that the applicant can do all their transactions from the comfort of their home.
Special accounts for children, college going youngsters, senior citizens, defence personnel etc.
Reward points facility whereby the applicant earns rewards on their credit cards. These points can be redeemed in the form of gifts and vouchers.
Discount on health and accident insurance.
24X7 helpline to address all your

Speech On Paytm Payment Bank
Paytm Payment Bank is launched in May 23 2017 and now its the most popular bank among adults. Paytm which is already populated for easy cashless
transaction had their kick their backs to offer more to Indian Citizens. Now, their bank many physical banks like services. Paytm Payment bank offer
UPI, debit card and interest on storing money. As well as it will offer fixed interest of upto 7.03% on reaching certain limit which I will explain later.
Now before we talk about how to open your Paytm bank account first understand why you need a digital Payment bank.
Why You or I need a Paytm Payment Bank Service in 2017?
Comparing 2017 with 2012 or so. It is now getting easy to open a bank account than in past. In order to open bank account in 2017 ... Show more
content on Helpwriting.net ...
Its the time to load cash into your saving account. In order to load cash you can use following services. Paytm does not limit any minimum amount to
be transferred. You can submit from Rs.1 to Rs.10000 without any hosch posch.
Bank account transfer (NEFT/RTGS)
UPI transfer/IMPS
I recommend you to use BHIM APP for UPI service. Paytm also provide UPI service where your phone number will be your VPA address. Incase if
your phone number is 9999990000 then your Paytm VPA will be 9999990000@paytm
Open BHIM APP
Tap on Send
Tap on Mobile/Aadhaar/UPI ID
Enter your Paytm UPI ID and verify
Enter amount
Click on big Pay button
Enter your UPI code and send
Your money will be transferred in under a minute
What's Left?
Why there is a limit of 1 Lakh?
RBI restrict the maximum amount to be deposit in Payment banks is Rs.1 Lakhs. This amount may or may not be increase with time. Till today the max
is just 1 Lakhs.
In order to handle such high payment deposit. Paytm partnered with private sector bank. Your exceeded amount will be enrolled in a separate fixed
account. The dashboard for FD will be found under Paytm > Bank

Eight Reasons To Be Involved In A Divorce
No one wants to be involved in a divorce. It is an uncomfortable, confusing, time. Even if the divorce is mutually agreed on by both parties, the
overriding mood can be depressing. As bad as those times are, they are made even worse when one, or both, parties doesn't obtain proper legal guidance
through the process.
Without the guidance of an attorney, any number of mistakes can result in even more misunderstanding and damage than is needed. Those mistakes can
also have dire consequences down the road. Here is a quick guide to eight mistakes that should be avoided during your divorce.
Allowing angry emotions to take over your thought process
No question, a divorce is an emotional time. Negotiations about important issues (assets, bills, ... Show more content on Helpwriting.net ...
Temporary – Also known as "pendente lite." An order for assistance for a spouse requiring financial support during the divorce process.
Rehabilitative – Spousal assistance when one spouse requires education or training for employment. A plan outlining the amount of money, and the
amount of time needed to complete the program, is required.
Durational – Used to insure that the needs of a spouse are completely covered. The maximum term can only be as long as was the length of the
marriage.
Bridge–the–gap – Begins after the divorce is final. Has a maximum duration of two years and is designed to help meet short–term needs.
Permanent – Awarded on the basis of permanent spousal need. Provides for the financial stability of a spouse not capable of self–support.
Keeping secrets from your

Credit Cards And Bank Accounts
Most importantly a company should protect their assets, specifically their credit cards and bank accounts. Credit cards and bank accounts are a common
source of fraud and should be recognized as the most important advice to adhere to (Beesley, 2013, para. 5).Professionals recommend "separating your
personal banking and credit cards from your business accounts – this will ensure fraudsters don't get their hands on all your money. This will also make
it easier to track your business expenses and report deductions on your tax return" (Beesley, 2013, para. 5). It is also recommended that credit cards are
not shared with employees within the company. There are many advancements in technology that allow for reduced use of having to tote around ...
Show more content on Helpwriting.net ...
8).
Forbes Magazine offers a recommendation for using a "dedicated computer for banking" (Beesley, 2013, para. 9). Individual personal uses of the
internet are recommended to be abstained from on this computer. Online activity that should be avoided include "social media, email, and web–surfing
which can open up the machine to vulnerabilities" (Beesley, 2013, para. 9).
Passwords are recommended to protect unwanted entry into secured systems (Beesley, 2013, para. 10). It is advised that passwords are changed
periodically to avoid hackers breaching the system. Every three months is recommended. Also, never use the same password for all your passcode's, in
the event one is solved, all your accounts would be at risk (Beesley, 2013, para. 10).
Education is the foundation for success. This is true in every aspect of life, but within a company employees need to be educated in preventative tactics.
Education of how to react to security threats are a great asset in the event of a situation where security is at risk (Beesley, 2013, para. 10). Enforcement
of new rules and policies on how to handle "company confidential information, including financial data, personnel and customer information" is needed
as well (Beesley, 2013, para. 11).
One major resource that companies have at their disposal is administering employee background checks when hiring a new employee. Employees are
the motor of a company and are

Use Your Regular Bank Account For Credit Card Deposits
NEVER
Use Your Regular Bank Account for Credit Card Deposits
Very few merchants realize the substantial risk they are taking by having their credit card sales deposited into their regular bank account.
When you sign up with a credit card processor you give the processor the right to withdraw funds from your bank account. This allows the processor to
reverse sales when the customer files a complaint. It also allows the processor to take protective action if they suspect fraud. It is a common practice for
processors to withdrawal and hold funds for a substantial period when you terminate your contract. This ensures there will be sufficient funds if any
charge–backs occur.
The processor has the right to withdraw funds from your account if fraud is suspected. This can be done with little or no notice. There are case when
substantial amounts were withdrawn due to minor errors. What if due to a minor error your processor withdrew $30,000 because they feared fraud? If
you were not aware of this, could it cause you to miss a payroll?
Every merchant should be aware of the Cisero's case. Cisero's is a restaurant which was accused of mishandling data and opening the door for fraud. I
do not know the all the facts and I am not sure where the litigation stands. But this does show that a merchant can wake up one morning and find that
they could be liable for over $1 million. This sort of thing could happen to any merchant. The message is clear; MasterCard and VISA have to

My Golden Goose That Will Fuel Your Bank Account
The M.A.P.S. Framework
...and having found your Golden Goose that will fuel your bank account. This will determine where and how people will find you on the M.A.P.S.
Marketing Structure
A location for business
Providing Value With Your Offer
Selling price
The MAPS framework will help you to craft your success with the marketing message of your Passion, where you will bring the true value you offer
and what you ask for in exchange for it.
This is how you will put yourself on the map but remember when trying to reach any destination life is now like a gps. Every decision or turn takes you
closer though there may be deer you slow down for or construction that delays you. You may get the message of rerouting, have to deal with wear and
tear, weather, and you will need to refuel as needed.
When things don't work out it's an opportunity to get creative and resourceful to learn and grow. Be committed to the destination, just be flexible in
your approach and enjoy the journey.
Marketing Structure: Our ultimate goal in developing our marketing structure is to find a way to turn your first contact with your target audience from
an imposition into a blessing, using your Gravitational Hook and Big Idea.
Once you have the details of your Passion and know your customer avatar you can start to develop your offer and your brand which will determine your
marketing campaign, your core messaging that will resonate, and your media marketing materials that will reach them.
Brand

What Do You Mean By Black Money? Essay
What do you mean by black money? Are you familiar with the biggest shelter of black Money in the world? How much money they reserve and from
where it came? Black Money is also called as Illegal Money. Swiss bank is considered as one of the biggest shelters of black money in the whole world
with the most amount of money coming from South Asian countries especially India. Indians tops the list with the largest amount of money stashed in
the Swiss Bank. Despite numerous attempts at bringing back black money to India, conflicts and arguments were raised among members of different
political parties but still attempts are made to make it a success.
India tops the list with most amount of money in the Swiss bank, it has a total amount more than the combined amount of all the other nations. "Largest
depositors in Swiss Banks are also reported to be Indians," CBI director AP Singh said while speaking at the inauguration of first Interpol global
programme on anti–corruption and asset recovery ['Black Money' Para 3]. Due to international pressure, political party of Switzerland has finally
decided to release the names of Indian people who are holding the account in their bank ['India's Black Money' para 1]. According to Swiss Banking
Association Report, India has about One Thousand Four Hundred and Fifty Six billion dollars deposited in the Swiss Bank. In India around six hundred
nine people have a net worth of more than ten million rupees. The living expense of Indian President is

demat and its importance
DEMAT
In India, shares and securities are held electronically in a Dematerialized (or "Demat") account, instead of the investor taking physical possession of
certificates. A Dematerialized account is opened by the investor while registering with an investment broker (or sub–broker). The Dematerialized
account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Dematerialized
account for the purpose of transacting shares.
Access to the Dematerialized account requires an internet password and a transaction password. Transfers or purchases of securities can then be
initiated. Purchases and sales of securities on the ... Show more content on Helpwriting.net ...
Every security has an ISIN (International Securities Identification Number). A separate DRF must be filled for each ISIN.
The complete process of dematerialisation is outlined below:
The investor surrenders the certificates for dematerialisation to the DP.
DP updates the account of the investor.
Demat options
There are many hundreds of Depository Participants (DPs) offering the Demat account facility in India as of September 2011. A comparison of the fees
charged by different DPs is detailed below.
There are a few distinct advantages of having a bank as a DP. Having a Demat account with a bank DP, usually provides quick processing, accessibility,
convenience, and online transaction capability to the investor. Generally, banks credit the Demat account with shares in case of purchase, or credit a
savings account with the proceeds of a sale, on the third day. Banks are also advantageous because of the number of branches they have. Some banks
give the option of opening a demat account in any branch, while others restrict themselves to a select set of branches. Some private banks also provide
online access to the demat account. Hence, the investors can conveniently check online details of their holdings, transactions and status of requests
through their bank's net–banking facility. A broker who acts as a DP may not be able to provide these services.
Fees involved
There are four major charges usually levied on a demat account: account opening fee, annual maintenance

Modern Communications Infrastructure Makes It Possible For...
Modern communications infrastructure makes it possible for anyone with a bank account to make a "foreign portfolio investment" (FPI). Rich and poor
alike can gain from this ability to trade stocks and bonds overseas with speed and ease. For those with sufficient resources, however, a "foreign direct
investment" (FDI) can also be made. While both types of investment can be lucrative for the investor, I believe that foreign direct investments are
usually better for the country receiving the investment, and so FDIs should be the favored form of investment for those with the means to make them.
For an investor, FDIs and FPIs are both excellent options from a financial standpoint. Any investment that helps a company to grow will tend to be ...
Show more content on Helpwriting.net ...
FDIs do not share these conveniences. This sort of investment often involves building factories, buying machines, or purchasing a significant portion of
a company's voting shares (Levin, 3). For example, a Chinese manufacturer could decide to purchase a mine in Russia after learning that raw materials
are cheaper and more abundant there. Such an investment would require a large amount of money to make the purchase, as well as knowledge of how
to effectively run a mine and transport the product to Chinese factories. Acquiring and properly using these major assets often requires a significant
amount of both money and expertise. In addition, the ability to guide a company to operate more efficiently is a big part of the appeal of FDIs. Because
of this, it is often useful to hold these sorts of assets for an extended period of time, allowing for improved policies and technologies to be implemented
and become productive. This can make it inconvenient to sell such investments on short notice, especially in response to economic downturns. While
the risk associated with this inconvenience can often be lessened by appropriate research prior to making such an investment, it serves as another
barrier to entry for those without the expertise required to properly perform such research. Despite these disadvantages, the benefits associated with an
FDI can make it a very appealing option for those with the resources

Case Study-"Confidential Accounts at Swiss Bank Corporation"
Ethical principles are essential for the proper and fair conduct of business around the world. In principal, ethical principles can and should dominate
any and all decision making, regardless if it occurs during a business transaction. Without ethics, it would be impossible to conduct business and
establish the trust necessary between consumers and business entities.
Of the many ethical principles that exist, several exist that relate to business ethics. Egoism is defined as the ethical belief that self–interest is the just
and proper motive for all human conduct (www.dictionary.com). Egoism is essential in the banking industry because an individual in their right mind
will not use nor trust a bank if the bank is going to lose or misuse ... Show more content on Helpwriting.net ...
Before now, Adler has always, without a doubt, been able to ensure his clients that their personal financial information would always remain secret;
thus, his first dilemma. In good conscious, Adler can no longer promise his clients the hallmark Swiss bank secrecy that he once could, a problematic
development. Secondly, Adler faces the prospect of being forced, even unwillingly, to report ALL of his clients ' information if any of them should ever
come under investigation. Additionally, it is possible that some of Adler 's most loyal, long–time clients, may be engaging in criminal activity.
Without a doubt, Adler faces several difficult decisions. From an egoist perspective, Adler faces personal financial losses and the reduced customer
base. Since egoism is defined by an individuals self interest, revealing the new Swiss banking laws to Alan Adler 's clients may negatively affect him,
which complicates his ability to share the change in banking law. On the clients ' end, if Alan does not tell them about the changes, all of their supposed
"secret" bank accounts could come under the scrutiny of a national or international banking operation. Additionally, the selling point of a "secret" bank
account, with the change in Swiss law, is now null. Perhaps that change will motivate some long

We Need A Surplus Of Money For Our Bank Accounts At The...
We all want to have a surplus of money in our bank accounts at the end of the month. Many of us want to be able to purchase that designer outfit or to
take that once in a lifetime vacation. A logical way to achieve this is to live a frugal lifestyle which will increase your cash flow each month. Stay Home
More Gas prices are at an all time high. "Running the roads" will use up gasoline and will cause you to spend more money than necessary. Plan to run
errands on a certain day of the week or participate in a fun activity once a week. This will drastically decrease your time in the car and will save you
money. On the days that you need to run errands, plan your route so that you hit all the places that are located in the same area so that you are not
running all over town, back and forth, using more gasoline. Decrease Monthly Bills We live daily without a care or concern with how much money we
spend on various bills or necessary items such as electricity and water. These items can be lowered and some even eliminated by just sitting down and
deciding what needs to stay and what needs to go. Of course, electricity and running water are necessary for survival, but there are ways to lower these
bills just by being more conscious of your spending habits. Instead of using the dryer, set up a clothesline and dry your clothes outside in the hot
sunshine. In the summer, the days are so hot that your clothes will dry faster than they would in a dryer. So, you save time and money.

The Primary Functions Of Commercial Banks
Commercial banks are institutions that conduct business for profit motive by accepting public deposits for various investment purposes.
The functions of commercial banks are broadly classified into primary functions and secondary functions as discussed below:
1.1.6.1 Primary Functions
The primary functions of commercial banks include the following:
(i) Accepting Deposits
Implies that commercial banks are mainly dependent on public deposits.
There are two types of deposits:
(1) Demand Deposits
Refer to those kind of deposits that can be easily withdrawn by individuals without any prior notice to the bank. In other words, the owners of these
deposits are allowed to withdraw money anytime by simply writing a cheque. These deposits are the part ... Show more content on Helpwriting.net ...
Banks pay higher interest on time deposits. These deposits can be withdrawn only after a specific time period is completed by providing a written
notice to the bank. Based on this, commercial banks offer individuals the following accounts for depositing their money:
a. Current accounts – those accounts that are mainly meant for businesses and other public and private organisations. Current accounts are cheque–
operated accounts that are not for savings purposes as no interest is paid on deposits in these accounts.
b. Savings accounts – refer to accounts that promote savings among individuals while allowing them to use their funds when required. Apart from this,
individuals get interests on deposits in savings accounts.
c. Fixed deposit accounts – refer to accounts in which deposits are made for a fixed period. The deposits in these accounts can be withdrawn before the
expiry of the period, only at the cost of early withdrawal charges. The profits are higher, if the period of deposits is longer.
(ii) Advancing Loans
Refers to one of the important functions of commercial banks. The public deposits are used by commercial banks for the purpose of granting loans to
individuals and businesses. Commercial banks grant loans in the form of overdraft, cash credit, and discounting bills of

Different Types of Bank Accounts
What is a current account?
Current Account is primarily meant for businessmen, firms, companies, and public enterprises etc. that have numerous daily banking transactions.
Current Accounts are cheque operated accounts meant neither for the purpose of earning interest nor for the purpose of savings but only for
convenience of business hence they are non–interest bearing accounts. In a Current Account, a customer can deposit any amount of money any number
of times. He can also withdraw any amount as many times as he wants, as long as he has funds to his credit. Generally, a higher minimum balance as
compared to Savings Account is required to be maintained in Current account.
As per RBI directive banks are not allowed to pay any ... Show more content on Helpwriting.net ...
Since cash machines never close, the cash card offers you the ability to withdraw funds any time of the day or night. Debit cards can also be used to
make purchases from retailers.
Direct Debits – Direct debits offer the ultimate convenience for those regular payments with which you have to grapple. Instead of dealing with late
fees because you forgot to pay your mobile phone bill (again!), you can set up payments so the money is automatically taken out of your account at the
same time each month.
Checkbook – In addition to a cash or debit card, most current accounts come with a checkbook. However, account holders must be at least 18 years of
age to enjoy this feature. The checkbook allows you even more option for making purchases and paying bills.
In addition to the basics, many banks offer a variety of additional options so that their current accounts can effectively compete with other financial
institutions. These features may include:
Online or Telephone Banking – Most bank customers today don't want to have to limit their bank business to standard office hours. Internet banking
can be done at a time that is convenient for you, right from the comfort of home. Many companies also offer 24–hour phone service,

Assist The Conduct Of Internal Audit
1875
Assist the conduct of internal audit
4/7/2015
Meenakshi
TASK 1
1.1.1
INTEGRITY: Integrity is the main moral objectives or principal of the company.
Methodology aims of financial records:
All financial statements made very fairly and profitable.
Using the best financial standards techniques and book keeping methods.
Accounts made by just the master bookkeeper.
Provide the independent objective examination of the financial statements.
In financial records mainly focus on internal controls of financial records.
All the bank checks consistently issued by the company.
1.1.2
Methodologies developed be implemented:
Methods are an important part of a company to help maintain the proper documentation. Such methods can be used in society PIFCO ZEN CHEN. This
leads to eliminate missed deeds of all financial documents of the company or the head of the company, as Director such methods in the company. The
director of the company also has management of all a law firm. Director should all actions taken into account by all employees. Such actions are any of
the financial or accounting records. The auditor checks for each manipulation in numbers or accounts. So you must have in mind, what are the accounts
clear and all the information is correct.
1.2
Warehouse have 25$ million worth of the stocks and that's overvalued stock.
No provision has made by warehouse while the debtors accounts worth is 9$million.
They disclosure the overdraft facility and that's not

General Ledger and Single Company Code Essay
Save
Reset
Print
Name(s): Course & Selection: Identifier: Client:
Rachel Song BCIS6243B2
GBI–034
659
Chapter 03: Financial Accounting Exercise 03–02: Basic Financial Accounting Process Single Company Code Version 1 Rev: 01/03/2011
Introduction
General Notes and Information
It is strongly recommended that you read through the entire exercise prior to starting. Not all instructions can be provided in a linear manner. The
following symbols are used to indicate important information as described below: An arrow highlights an important instruction that must not be
overlooked. A text box prompts you to type–in an important piece of information. Each student or group will be assigned a unique three digit identifier.
This ... Show more content on Helpwriting.net ...
Chapter 04
Save Reset Print Chapter 03: Financial Accounting Exercise 03–02
Exercise 04–02
Step 2: View Account Balances
Chapter 04: Procurement Process Exercise 04–02: Basic Procurement Process View Account Invest Single Company Code in GBI Balances
Step 2.1:
Purchase Supplies for Cash Purchase Supplies Via Payables Misc. Pay Rent
Navigate to the transaction to view account balances:
Navigation
Accounting  Financial Accounting  General Ledger  Master Records  G/L Accounts  Individual Processing  Centrally
Q4: Step 2.2:
FAGLB03 What is the transaction code to view account balances:––––––––––––––––––––––––––––––––––––
In the "G/L Account Balance Display" screen, enter the following:
To search for the Bank G/L Account Number, click on the icon next to the account number field or press F4. Be sure to specify GL00 in the Chart of
Accounts field. This search will show all of the G/L accounts.
Field Name Account Number Company Code Fiscal Year Select (EXECUTE)
Data Entry G/L Account Number for Bank Account US00 2011
Q5: Q6: Q7: Step 2.3:
100000 What is the

The Structure And Support System Of A Person 's Financial...
Banks are the structure and support system of a person's financial state. People rely on banks to keep their money safe. Choosing a bank is an important
decision and there is a lot to account for when looking to see which one is most beneficial. While there are lots of banks to choose from, Bank of
America and PNC are two of the biggest and most commonly known. When it comes down to which is better, PNC or Bank of America, the obvious
answer is PNC.PNC has lower fees, better benefits, and customers are very highly satisfied. PNC is more cost efficient than Bank of America. PNC is
one of the few banks that allow the option of taking out any amount of money. If the consumer was to overdraft in a particular account, such as the
Virtual Wallet, there is no charge. When money is put into the account, PNC will take the money and credit the overdraft amount that was charged in
the Virtual Wallet. PNC declares the Overdraft fee to be 4 dollars per day. PNC's Overdraft balance threshold is 5 dollars, continuous overdraft fee is 7
dollars per day and as well as the Overdraft Protection Transfer. All other accounts are 10 dollars each. In contrast, the Standard Overdraft fee for Bank
of America is 35 dollars per overdraft charge or for declined and returned transactions. Therefore, the Extended Overdrawn Balance charge is 35 dollars
when the account stays overdrawn for 5 consecutive days. Next, the transfer fee is 10 dollars with Overdraft Protection. PNC's overdraft fee's are

Should Couples Have Separate Bank Accounts?
Kw: couples have separate bank accounts
Meta: You are thinking about marriage and just had the money talk. Now you need to know: Should couples have separate bank accounts?
There is no clear cut answer to, "Should couples have separate bank accounts?" When it comes down to it, it is all about what works for the couple.
Other than infidelity, finance and arguments about money are one of the biggest reasons for getting a divorce. Because of this, it is always best to make
a decision that leaves both partners happy.
Some couples have separate bank accounts. Others find that it is too difficult to figure out who withdrew from the account and if there is money left.
There are considerations to think about like your differing salary levels, spending habits and banking preferences. In many cases, couples have separate
bank accounts because it makes their lives easier. If your money is held in separate accounts, you do not have to argue over who withdrew too much
from the account.
There are several options that you can consider. You could have separate checking and savings accounts so that both partners are completely
independent. On the opposite side of the spectrum, you could have joint checking and savings accounts. An in–between option would be to have some
separate accounts as well as a joint account. This last option may be best because it allows for you to pay your bills from a joint account and save for
mutual goals while still retaining some of your independence.
Have You Talked About Money Matters?
The main goal should be to talk to your partner about your personal savings goals and budget. When couples have separate bank accounts, there is a
tendency to treat finances as an individual matter. As long as you are together, your spending or saving habits will impact each other. Because of this, it
is important to have an honest talk about your monetary needs and goals. You need to make sure that you are working toward the same goals as you
handle your joint expenses.
Possibly the best option is to choose to have one or more joint accounts while also having your independent accounts. You don't want to text

Can Bankruptcy Removes Levies From My Bank Account?
Can bankruptcy removes levies from my bank account?
Unfortunately, once a creditor obtains a judgment against you in court, they can levy your bank account to get the debts that you owe to them. This can
make an even bad situation worse, and take away your ability to pay your mortgage, automobile, and utility bills.
Typically when an individual defaults on an unsecured debt like credit card or medical bills the debt goes to a collection agency or with a law firm that
will file a lawsuit and serve the debtor with a summons and complaint. If the summons isn't answered, the creditor will gain a judgment which allows
them to garnish wages and levy bank accounts. This can become even more costly than the original debt, as the amount owed will included attorney
fees, interest, and any other costs that have been incurred in order to collect the debt.
Now, if you plan to file bankruptcy, part of the process is that once the bankruptcy petition is filed, all creditors get an automatic stay notice, informing
them that all collections, garnishments, and levies must stop. This can take a while, especially if your creditor is a large bank or there are third parties
involved. The bottom line, is that once the bankruptcy is filed, yes the levy must legally stop and depending on if you file a chapter 7 or a chapter 13
bankruptcy one of two things will happen to the debt still owed. In chapter 7 bankruptcy, there is a good chance that the liquidation of assets will be
used by the trustee

Opening An Offshore Bank Account
10 Things You Should Know Before Opening An Offshore Bank Account
Opening an offshore account is not just for the super rich. There are plenty of legitimate, legal, honest and good reasons why you should open an
offshore bank account yourself. Before you open your account, read this article about the ten things you should know before opening an offshore
account.
Throughout this article, you will see the acronym "FBAR" used quite a bit. It is a Report of Foreign Bank and Financial Accounts (FBAR). You will
need to file an FBAR when "...a U.S. person has a financial interest in, or signature authority over, one or more foreign financial accounts with an
aggregate value greater than $10,000 at any time during the reporting period (calendar year). If a report is required, certain records must also be kept."
(IRS 4.26.16.1 (11–06–2015))
1 – Foreign Account Inconsistencies Is A Big Red Flag
When you fill out your tax return and you tick the box that says you have foreign accounts, you are telling the IRS that you have an FBAR filing
obligation.
Amending tax returns to report your worldwide income is fine, but some people choose not to file their delinquent FBARs. Not filing is probably a bad
idea, especially since the government is coming down hard on tax dodgers at the moment. If you have inconsistencies from one tax return to another, or
between your old FBARs and old tax returns, then it is going to make the IRS very suspicious.
2 – Go As Far Back Into The Past As Is

Pros And Cons Of Hudson Valley Federal Credit Union
I have chosen to open a checking account with Hudson Valley Federal Credit Union. This bank is for any person living in the Hudson Valley in New
York State. Therefore, there are no special requirements besides geography that determine eligibility for this credit union. I also looked at Bank of
America and Wells Fargo. After reviewing all the options for different accounts and the pros and cons of each bank, I believe Hudson Valley Federal
Credit Union is the right bank for me.
Bank of America and Wells Fargo have multiple types of checking accounts. For the purposes of comparisons, I chose the most basic account type to
compare to HVFCU, which only has one available type of checking account. Bank of America offers Core Checking and Interest

Case Study On Financial Infidelity And Frauds
SVKM's NMIMS University
School of Business Management
A Case Study on Financial Infidelity & Frauds
Submitted to: Submitted by: Chintan Kakadiya H022
Sudhish Shenoy H057
Prof. Rajesh Manjrekar
Associate Professor
SBM NMIMS,Mumbai
TABLE OF CONTENTS
ABSTRACT 1
INTRODUCTION 2
CLINICAL TRIALS IN INDIA 3
ETHICAL RESPONSIBILITY OF PHARMACEUTICAL COMPANIES 5
NEED FOR ETHICAL GUIDELINES FOR CLINICAL TRIALS 7
INTERNATIONAL CODES 9
CONCLUSION 12
REFERENCES 13
NSDL Scam
Why it happened?
After establishment of electronic depository, transfer of shares and process involved in it became simpler. In any IPO, there is a retail portion of IPO in
order to encourage small scale investors. Hence there was greed among people to get the maximum of the retail portion in order to earn a higher profit
because the big companies' IPO always had a lower issue price than the list price. Hence a huge margin of profit can be earned from such shares. IPOs
of these companies were oversubscribed so as to have a maximum chance of allocation of shares.
Share Price Comparison
COMPANY ISSUE PRICE LISTED PRICE
IDFC Rs.34 Rs.60
YES BANK Rs.45 Rs.62
Suzlon Rs.510 Rs.640
TCS Rs.849 Rs.1076
Patni Computers Rs.230 Rs.305
Modus Operandi–NSDL Scam
Corner maximum amount of shares from retail portion of IPO. To do this, you should have multiple demat

Compare And Contrast American Cities And Banking
Banks and Banking Katy and in other American cities: Benefiting World's Economy Banks can be described as a financial institution where deposits are
accepted and credited from the public. There are very essential in the financial systems as it influences the economy of a country. Most of the countries
follow a system which is known as fractional reserve form of banking. Under this policy banks holds liquid assets which is equal to only a part of your
current liabilities. These institutions are subjected to minimum capital standard which is called Basel Accords. Banks are specific place which will
ensure that your finances are secured. Banking can be defined as a process through which the finances of a country is controlled and created. These
finances are loaned to gain profit through interest. In recent times banks perform varied functions like ATM cards, safeguarding of valuable things,
providing lockers, credit cards and online banking. Banks and banking Katy and in other American cities has helped the world economy. The simple
method of safeguarding money and lending it to the borrowers leads to a productive flow of money. This process has helped in the development of
economies of varied countries. The advantages of Katy Banks and Banking and in other American cities Banks are a place where your money grows
and is safe. In recent time the facilities and the attractive interest rates which banks offers helps you in managing your finances. Money is a very
important factor

Pros Of Bookkeeping
Why Should You Outsource Your Bookkeeping Matters to The Pros?
In the modern times, bookkeeping has become an increasing need for any and every business no matter how big or small. There is a reason why many
firms spend millions of dollars on a formidable army of bookkeepers every year. A bookkeeper is one of the few people who can actually make your
business easier. It is no secret that any business faces a number of bookkeeping related problems almost daily and dealing with these problems is both a
mental and an emotional challenge. But still, a large number of people choose to deal with their books themselves and end up getting in worse messes
every year until they finally realize that there is nothing left to salvage. However, even the worst scenario can be prevented by investing in a
professional bookkeeping service.
There are a number of benefits a ... Show more content on Helpwriting.net ...
Again that tiresome tax! Did you know that there are a lot of taxes that can be refunded? You may be losing a lot of money to these refundable taxes.
Similarly, people can deceive you in the name of taxes. A good bookkeeping service is important in getting you back your hard–earned money and
keeping you free from swindlers and deceivers. Your bookkeeper gives you more time. Imagine working all day for your business and trying to work as
a bookkeeper at night. It is a nightmare. Not only will you be tired, you will suffer a loss of more than money. Your health will deteriorate and you still
won't get anywhere. A good bookkeeper keeps your schedule free to focus on the business matters while taking care of your financial matters. A good
bookkeeping service keeps you out of jail. Every business gets an audit and you can be questioned in every little transaction. A bit of too much neglect
can have you declared as a tax thief and you can have legal action taken against you. This results in heavy fines and even jails. So keep yourself out of
jail and at ease by investing in a good bookkeeping

Black Money in India
Swiss bank revealed India has more money than rest of the world
This is so shocking.. ..If black money deposits was an Olympics event..
India would have won a gold medal hands down. The second best Russia has
4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks than all the other countries combined!
Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders only if the respective governments
formally asked for it.. Indian government is not asking for the details... ..no marks for guessing why?
We need to start a movement to pressurize the government to do so! This is perhaps the only way, and a golden ... Show more content on
Helpwriting.net ...
However, one may well be aware of 'Swiss bank accounts, ' the shorthand for murky dealings, secrecy and of course pilferage from developing
countries into rich developed ones.
In fact, some finance experts and economists believe tax havens to be a conspiracy of the western world against the poor countries. By allowing the
proliferation of tax havens in the twentieth century, the western world explicitly encourages the movement of scarce capital from the developing
countries to the rich. In March
2005, the Tax Justice Network (TJN) published a research finding demonstrating that $11.5 trillion of personal wealth was held offshore by rich
individuals across the globe.
The findings estimated that a large proportion of this wealth was managed from some 70 tax havens. Further, augmenting these studies of
TJN, Raymond Baker – in his widely celebrated book titled 'Capitalism ' s Achilles Heel: Dirty Money and How to Renew the
Free Market System ' – estimates that at least $5 trillion have been shifted out of poorer countries to the West since the mid–1970.
It is further estimated by experts that one per cent of the world 's population holds more than 57 per cent of total global wealth, routing it invariably
through these tax havens.
How much of this is from India is anybody 's guess ...???? if India

What Is The Daily Withdrawal Limit?
In our two–part series, you are given a checklist that features every question you need to ask yourself before you apply for a checking account. With
this two–part list, you will find out exactly what you need to research before you apply for your checking account. After each question is a series of
smaller questions to help you decide what is best. I also give a little advice about what alternative options you have when choosing a new bank.
What Is The Daily Withdrawal Limit?
Banks have withdrawal limits for a number of reasons. One of the most common reasons is to limit how much a thief can take in a single day or via a
single ATM. Are the withdrawal limits suitable for your needs, and will the bank allow you to increase or decrease ... Show more content on
Helpwriting.net ...
If they are not, you will have to search out second–chance checking accounts, which are often very limited and will most likely have maintenance
(subscription) fees.
Are There Usable ATMs Nearby?
Most people do much of their personal banking online these days, which means more and more bank branches are closing down. If you do not have a
bank branch nearby, then you have to search out any usable ATMs. If there are no usable ATMs nearby, then you may have to open an account with a
bank or credit union that is established nearby.
Do They Have Network ATMs Nearby Where You Will Not Have To Pay Fees?
In the USA there thousands upon thousands of ATMs, and each is linked up to one network or another. If your bank is part of the network that your
ATM uses, then you shouldn't have to pay ATM fees. If you open your checking account with a new bank, will your local ATM charge you a fee? Some
online–only banks will refund your ATM fees so that it doesn't matter where you draw out your money. In addition, some stores will give you cash back
without either them or your bank charging you a fee.
What Are The Unplanned Overdraft Fees And Interest Like?
Nobody wants to overdraw his or her account, but you have to assume that it is going to happen now and again. Find out if your new bank has a
merciless policy or a forgiving policy. Some banks will set up a temporary overdraft where you are charged no

Major German Retail Banks Assignment
Major German Retail Banks
The major banks in Germany are: * Deutsche Bank * Commerzbank (in German) * Postbank (in German) * Dresdnerbank * Volksbank (in German) *
Sparkasse (in German)
There are also many regional banks, such as the Berliner Bank or Hamburger Bank. The Savings Bank (Sparkasse) and People 's Bank (Volksbank) also
have regional branches, which are named according to their location (for example Sparkasse Leipzig or Berliner Volksbank).
Banking technologies allow for online transactions, standing orders and the use of ATMs to make bill payments. Cardholders of some banks may use
others ' free of charge and the banks themselves are becoming more open–plan, providing easy access to business ... Show more content on
Helpwriting.net ...
Current account holders will be issued with a separate EC card for their savings account. Depending on the savings account, money can be withdrawn
at any time or must be left for a specific period in order for higher interest rates to come into effect. A standing order can be set up directly from the
account holder 's current account, or money transfers can be made directly into the savings account from other sources.
Statements
Statements (Kontoauszüge) are normally sent once a month by post to account holders. They may also be printed out at any time from bank terminals in
branches of the account holder 's bank.
When reading a statement, money which has been credited to the account is indicated with H (Haben) and money debited from the account is indicated
with S (Soll).
Receiving money transfers
It is necessary to provide the sender with: * Account name * Account number * Sort code * Name of bank * Swift code
Transfers from the same bank normally take effect on the same day; from other banks this process can take up to five working days. Transfers from
abroad require the international IBAN code, may take longer and incur additional costs.
Transferring money to other accounts
The details required for money transfers (Überweisungen) are: * Account name (Kontoinhaber) * Account number (Kontonummer) * Name of bank
(Bank) * Sort code (Bankleitzahl) *

The pros and cons of interest rates in banking

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