What is Check Kiting?
Check kiting meaning
Check kiting involves transferring funds between two accounts before either of the checks can be cleared. The Buzzle write-up below explains what check kiting is.
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Things You Should Know about Outstanding Checks
Thing to know about outstanding checks
Outstanding checks are those, which have been written but not cashed yet. Buzzle here enlists some things you should know about outstanding checks.
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How to Find the Best Checking Account for Students
Tip to find the best checking account for students
With so many financial institutions offering checking accounts, choosing one may be confusing. This Buzzle article will tell you how to find the best checking account for students.
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How to Choose the Right Checking Account
Choosing the right checking account
A checking account helps you in holding the cash reserves required for your day-to-day transactions and monthly payment of bills. Hence, it becomes essential to choose the right account. This Buzzle article tells you how to choose...
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Famous Bank Runs in History
Retrospect can make things look a lot simpler; fear breeds panic, panic breeds chaos and if things are not controlled, ends up as eventual downfall. The principle is self-destruction cannot be better explained without the help of a...
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Glossary of Banking Terms and Definitions
While many of us are aware of basic banking terms, there is a plethora of confusing technical terminology associated with banking and finance. This Buzzle article presents to you a glossary of banking terms and definitions that...
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Steps to Account Reconciliation
Account reconciliation is the process of comparing the debit and credit balances of an account, and of verifying or tallying the account. Here, we have provided four easy steps for account reconciliation which will help you compare...
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Pros and Cons of Mobile Banking
The findings of a latest survey show that Mobile devices account for nearly 25% of visits to a bank website. The reason is simply the convenience and portability that the cell phone offers. But this comfort comes with a price....
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Tips to Secure Mobile Banking Services
Mobile banking allows customers to perform a variety of banking transactions through their mobiles, smartphones, and even PDAs. With so much financial information being passed over wireless networks, security is of utmost concern...
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Essential Things to Consider When Opening a Bank Account
A bank account should be opened after some careful thought process. Here is what you need to check before opening a bank account.
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Joint Bank Accounts: To Share or Not to Share?
If you're entering a committed relationship, you might be wondering if joint bank accounts are right for you.
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How to Fill Out a Deposit Slip
You want to deposit some cash in your bank account but don't know the exact procedure? Read on to know how to fill out a deposit slip...
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Pros and Cons of Joint Checking Accounts
Marriages are made in heaven but when it comes to money matters, it becomes a touchy subject. Because of this issue, lot of fights ensue resulting in divorces too. Of course every couple wants to make their marriage work and wants...
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What Causes Bank Runs and How to Prevent Them
What causes bank runs? What happens during a bank run? How are they prevented? Continue reading to find answers to these and other such FAQs about bank runs, which will help you get a better understanding of the entire concept.
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Types of Time Deposits
Time deposits are preferred types of investments for several investors. The interests for all 3 forms of time deposits are quite impressive as compared to several other kinds of deposits. In this article, we shall know more about...
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Time Deposits Vs. Demand Deposits
If you are active in the field of banking and finance, then you need to be aware of difference between demand deposits and time deposits. Here's what you need to know.
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Difference Between Savings Account and Checking Account
A necessary part of an introduction to our banking system is the knowledge of the types of bank accounts. In this article, I have outlined the difference between savings account and checking account, which are the two primary types...
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Capital Adequacy Ratio Explained
What is capital adequacy ratio? How is it calculated for any bank? Read to know all about this important banking parameter.
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Funds Transfer Pricing Explained
Funds transfer pricing is a method of measuring the profitability of a financial institution.
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Checking Accounts and Bad Credit
It is often considered that people with a bad credit history are not financially stable and therefore, will not be able to bear any account charges. In this article, we present a few options to deposit your funds, even when faced...
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How to Find the Checking Account Number
What is a checking account? How can you find its associated number on a check? Read to get all the answers.
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Rules and Regulations for Joint Checking Account
Should you go in for a joint checking account with your spouse or not? Here are the laws that govern these accounts, which can help you to arrive at a decision.
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Money Market Accounts Vs. Savings Accounts
To know where to park all your extra cash, you need to be aware of the following: money market accounts vs. savings accounts vs. money market fund accounts. Depending on what it is you are looking for, higher yield, higher security...
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Purpose of a Bank Reconciliation Process
Understand the purpose of a bank reconciliation process will help you avoid panic attacks and frantic phone calls to the bank when your bank statement seems to be misleading.
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How Does a Money Market Account Work?
A money market account is also known as a Money Market Deposit Account, or a Money Market Demand Account (MMDA). These offer the depositor a reasonably high rate of return at low levels of risk. Here's more...
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Mobile Banking Services
Mobile banking is also known as SMS banking. It is the latest development in the banking sector that enables us to conduct banking transactions by using a mobile phone.
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Types of Bank Accounts
Financial institutions offer a wide range of bank accounts to attract deposits from the general public. These bank accounts serve an important purpose by mobilizing savings in order to utilize them in profitable investments.
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Basics of Investment Banking
The banking sector is one of the biggest contributors to a nation's economy, provided it is managed in an innovative and professional environment. Investment banking is one rapidly growing form of banking.
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Before Buying a Banking Software
Thinking of buying banking software? Read on for some tips that could help you in your endeavor.
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The Danger of Banking Abroad
When you're traveling, the measures your bank puts in place to protect themselves (not you!) are significantly more drastic than those in place when you're at home. In this article, I will narrate to you about an incident which...
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