What to do if my bank is on a problem list?


Posted July 17th, 2010 by admin 3 Comments »
bank problem
atomic_daredevil asked:


The bank I currently do my checking at is on a problem list. What happens to my money if the federal reserve closes it down? Should I take my money out now? Also my mortgage is with this bank what happens to it?

Which large banks in the USA are the most solvent and best capitalized?


Posted March 21st, 2010 by admin 1 Comment »
banks
loutx2 asked:


With all the banking problems I want to make sure which bank has the highest rating and it not making sub-prime loans. I know Bank of America made $2 billion dollars worth of bad loans. E - Trade and Countrywide, Citi Corp, and other banks have made billions of follars worth bad sub-prime home loans. Which major bank is not making sub-prime loans and is in good financial shape? That is who I want to bank with.

How would I set up a checking account for a club or fraternity?


Posted February 1st, 2010 by admin 3 Comments »
checking account
b f asked:


I was appointed treasurer of my fraternity for next year, and I need to figure out how I would go about setting up a checking account. What kind of checking account would I be able to set up, and what would I need to do so? Thanks.

What bank charges the cheapest for overdraft fees?


Posted January 11th, 2010 by admin 2 Comments »
bank
Paul K asked:


I understand that all banks “lend” you money without asking and then charge you for it. I don’t see why they don’t just deny the transaction, but then I think about the millions they would loose.

How much does your bank charge? Do you know the cheapest?

What bank is giving the best interest rate these days? What are the options out there?


Posted January 4th, 2010 by admin 1 Comment »
bank
Doubledown asked:


What’s the best interest rate on a regular savings acct these days? what the bank?

CDs are horrible… but if you know of any other banking high interest stuff, feel free to share.

How can the US bank wire funds to the Philippines?


Posted January 4th, 2010 by admin 1 Comment »
bank
egooc asked:


According to a US bank , in order to wire our funds to the Philippines they need to wire the funds to the Philippine Bank Branch in US, and that Branch will wire the funds to the bank in the Philippines. How can the US bank wire funds to the Philippines? Please explain in terms of the following terms : Bank name and address, Bank ABA Number, Bank Account number and account name, and swift number. We are ask for the those details of the two Philippine banks. Anybody please help .

What info is needed to transfer money from 1 bank to another?


Posted January 4th, 2010 by admin 2 Comments »
bank
polarcycle asked:


I need to have some money transfered into my bank account from another bank account. Their bank account is at a different, out of state bank which is a credit union and mine is a large corporate bank. What info do i need to give them so they can transfer money into my account. My bank is not located in the town where they live so they cannot go to my physical bank.

What action shall be taken if finance company deposits my cheque given for security reason?


Posted December 21st, 2009 by admin 1 Comment »
finance
Kavitha asked:


I bought a 2 wheeler using finance. They take my money from my bank by ECS method without interruption on monthly basis. Now they have deposited my cheque also given for security reasons . Now i have to run post to pillar to get statements from bank supporting the same and submit it to finance company and beg behind them .. This affects my work in a greater way. Shall I approach consumer court ? How I will be benefited ?

What is the difference between a Finance generalist and a Finance specialist? How does your company define it?


Posted December 21st, 2009 by admin No Comments »
finance
CompProf asked:


We are working on a new job structure for our Finance department. I would like to know if you have a speciality track and/or a generalist track how do you define it? What are some sample job titles?

How do I account for transfering money between a business and personal checking account?


Posted November 23rd, 2009 by admin 2 Comments »
checking account
Billy asked:


I have a business checking account (sole proprieter) and a personal checking account. I will at times transfer money from my personal account to my business account when funds get low or if my business account has more money, I will transfer some to my personal account to spend freely. Is this a wrong way to be doing things? Should I be doing some sort of documenting? Does the IRS care about this come tax time even if I keep track of sales for the business?