81 Serious and Funny Banking Quotes To Make Your Day

In todays post I want to share some cool banking quotes that are both funny and educative. Banks are now a prominent part of any “developed” or “developing” country. We cannot imagine a world without banks. Gone are the days when people used to keep money in their homes. And as the world is going … Read more

What Is A Direct Debit? : A Complete Guide

Direct debit is when you give instruction to your bank to allow a third party such as a utility company, to collect varying amounts of payments from your bank account. All this is initiated by the organization with your consent. There is however a condition that that organization or company should notify you in advance … Read more

What Is A Standing Order? All You Need To Know

A standing order is when you as a bank account holder instruct your bank to pay an exact or set amount to another bank account at regular set times. For example, you can instruct your bank to make a payment of $500 as rent to your landlord’s bank account on the 27th of every month. … Read more

Disadvantages of Traditional Banking

In a previous post, I discussed some of the advantages of traditional banking but in this one, we are going to discuss the disadvantages of traditional banking. In doing this I will try to compare them to “new kids on the block” i.e. online banks. These online banks have revolutionized the banking sector by taking … Read more

7 Advantages of Traditional Banking

With the proliferation of online banking, it is easy to forget the benefits and advantages of traditional banking services. While online banking has offered us cheaper and convenient forms of banking there are certain things that they do not offer. It is when you need such services that you are made aware of some of … Read more

8 Ways To Convert Visa Gift Cards To Cash

We have all been in a situation when we wished we could convert visa gift cards to cash. In this post, I will discuss various ways that we can use to have a Visa gift card exchanged for cash. When it comes to discarding the use of cash the world still has a long way to go. … Read more