Archive for December, 2008

Is An Off-Shore Merchant Accounts Right For Your Business?

Among the numerous smart and legal business accounting practices through which you can make the most of your money one of the best options is opening an off shore merchant account. Opening an off shore merchant account is the right choice for your credit card processing needs. These types of accounts are legal and save [...]

How many active bank accounts do you think are in the entire world today at any given moment?

If you were to consider such a staggering number!!! bank accounts close and open constantly around the world, and if there were just one for every living person on earth the number would be in the billions, and since there are many that have more than one account, the number would be even higher.
So, [...]

Finding the Right Bank for You

Banks are often considered to be the best treasurers. Selecting a bank is a crucial decision and it should not be influenced or impulsive. There are a number of financial institutions offering multifarious fringe benefits to customers. Sometimes choosing the right bank becomes an overwhelming task. It does not matter what account you intend to [...]

Banking Alternatives: Do you Need a Bank?

Although using a bank is the most common method of storing and accessing your money, there are some alternatives you should consider. If you feel that your bank isn’t giving you what you want, then perhaps it is time for a change. Here are some banking alternatives that might be able to offer you the [...]

How do I find out if bank accounts have been opened in my name?

I have reason to believe that a bank account may have been opened in my name. Will all accounts in my name show up on my credit report? How do I find out if this has happened?
check out your credit report and it should tell you what is on the report
powered by [...]

How to Select and Open an Offshore Bank Account

Contrary to what most offshore service providers will tell you, opening an offshore bank account is not the path to instant wealth and riches, although it might get you there a little quicker. In this article I will attempt to set out the advantages and disadvantages of opening and maintaining an offshore banking facility and [...]

What happens to money in personal bank accounts when there is a depression?

I overheard someone saying that during the past depression, there were monies lost from people's personal bank accounts. Is that true?
yes, very true.
but the last depression was in the 1930s. after which the government created the FDIC in order to restore public confidence in the banking system.
now, all FDIC insured banks have their [...]

Accounts Receivable Financing- the Fine Art of Happiness

Four thousand years ago, a long time before banks were invented, the concept of accounts receivable financing, or factoring, was invented somewhere in the midst of the Roman Empire. Why did this make merchants happy? Because they would be paid for their merchandise many months before payment for their merchandise was received. With this cash [...]

Choosing the Right Bank Account for your Needs

Choosing the right bank account can be difficult, with so many seemingly similar options available to you it can just seem easier to pick the first account you come across. Although many accounts do have similarities, if you don’t shop around then you won’t get the best deal for your needs. If you want to [...]

How worried should I be about my bank accounts in this crisis?

Cnn Money says that this is the worst economic crisis since the Great Depression and that during the Great Depression everyone lost their savings when banks closed. Is that at all likely to happen this time? I don’t own a house, but is there anything else I should do to protect myself financially? Say, keep [...]