Banking

With the rapid increase in bank fraud, it is of utmost importance to learn how to prevent credit card fraud and other frauds. According to Forbes, card fraud will exceed $12 billion by 2020. This figure is for all sorts of cards and includes, credit, debit, and prepaid cards. While this figure looks big it … Read more

Today’s topic on how to fill out a personal check makes me feel very old. When I started work in Finance in the 1990s checks were very commonly used. Almost all the payments were through checks. How things have changed now! Nowadays checks are not as widely used in modern Accounts Departments as they were … Read more

Have you ever wondered as to what are the best mobile payment apps? This post will address this and more. Cash used to be king when it came to splitting payments on a night out and other small payments. But nowadays they are various mobile payment apps that one can use. It is only a … Read more

Cashier’s check vs money order. How does this match up pan out? The answer is it depends on what you are trying and the cost you are prepared to pay. The major difference between a Cashier’s check and money order is in the cost and where they are purchased. Both money orders and cashier’s orders … Read more

I just wanted to take a few minutes to talk about the top 10 banks in the USA by assets according to the Federal Reserve. America is spoilt in terms of its financial sector. Its financial sector is by far the biggest in the world. As an individual, you have a wide choice of banks … Read more

What is a money order? A money order is a paper document used for making payments in the same way as a check. The major difference from a check is that it is pre-paid for the amount shown on it. One can buy a money order usually with cash. It is, therefore, more trusted than … Read more

What Is a Cashier’s Check? A cashier’s check is check that is issued by banks on behalf of their customers. The bank prints out its own check payable to the payee requested by its customer. Its customer will then use this check to pay the payee. This is regarded as the safest form of payment … Read more

In this post I want to answer the question, what is a certified check? My previous post was on where to cash a check. Some 10 to 15 years I used to work for a food processing company that was struggling financially. Because of that some of our suppliers demanded that we pay them with … Read more

In this post, I want to discuss how to cash a check. With the prevalence of internet banking, you would be pardoned to think that checks are no longer being used. Unfortunately, even though their use is steadily going down there are still being used. So what do you do to cash a cheque? You … Read more

One would have thought that with the advent of internet banking we would not be discussing topics such as where to cash a check. Unfortunately in spite of efforts by some people and governments to get rid of checks they are still being used. Even those that are tech-savvy still find themselves once in a … Read more