Posts Tagged ‘Personal’


8 Personal Banking Don’ts

January 26th, 2010 by getguarantee

Presumably to save the object to a bank account, money, or at least to help you manage more easily and accurately. But could there are several ways in which losing your use (or misuse, as can be) from your personal bank account money. Below you will find out how to avoid the eight most common mistakes when it comes to personal banking.

1st Do not pay more than you need: If you're like most people, you have not really taken the trouble to find the comparison shop for the best personal banking terms. Most bank accounts have some sort of fees or other particular aspects of the use and / or maintenance of your account, from annual fees for check-writing fees, meet fees for minimal under a balance to the so-called "overdraft protection fees" fees (to name a few). These fees can slowly eat away at your savings. Banks change their policies all the time, so it is never a waste of time to look around and make sure that you're really the best deal for your money.

2nd Do not ignore your bank statements: When your bank statement arrives in the e-mail, you just have to throw it without even reading? Many people do. But bank statements often contain errors, and the only way you know when you step then is, if you read carefully through each statement and compare it against what you know to be true (hopefully by a balanced regular checkbook ). Without checking the information, you could hang with the wind of a fee for a payment that you have not done. You could see that someone copied your ATM / debit card and made purchases against your account. The only way to catch this in order to take it upon themselves to read your statements and check them for accuracy.

3rd DO not careless with ATMs: be aware of other people around you, if you have an ATM. Do not write your PIN number located near your ATM card and make sure you sign as you type it in. If you make a mistake writing a slip, not to throw away or leave it there – bag and dispose of it they later correctly. If you request a receipt make sure you take it. And many machines automatically spit out a receipt after a transaction is complete, if you want to ask or not. Be alert to this and make sure that grab the receipt before you walk away.

4th DO NOT leave paper lying around: After you are finished check your bank statements, not just left lying around, where everyone can see – or steal – them. Even simply throwing your statements away can lead to identity theft. Dig through trash is one of the most important methods identity thieves get the goods on their victims. Do not make yourself an open target. Lock away all bank statements or other related documents that you want to keep. Invest in an expensive shredder – the confetti type are best – for those who do not. And remember, your locked file cabinet and shredder diligently use when you are finished with your account statements. It is for your protection.

5th NO bank online in a public place: About people forget about the shoulder looked for a moment. An even greater danger in online banking in a library or cyber café or other WIFI hotspot is another computer user on the same Internet connection to be able to snoop on what you do. Wireless networks are not fully secure. You can use the opportunity to capture your personal information and to sabotage what you are doing transaction. No online banking emergency is so urgent that you make vulnerable that need.

6th NOT a pro-government: in other words, not so much so in love with your bank or lazy accustomed to the bank that you are still not aware of how relatively good or bad, get you a deal. If you have borrowed money consistently by the same bank, it is perhaps time to explore your other options. Even if you find too long and hard at this bank, time passes, change services purchased. It is worth re-evaluate and re-up your decision, where the bank. And it is particularly easy to do this kind of research online.

7th NOT a stranger to be: a relationship with your bank and the people who work there. The best way to get the best deals from a bank, you can get to know. Set up a meeting with the Head of the branch, just imagine for a moment and they key to your financial goals. You never really need their help outside the norm, but if you – if a problem occurs, an error message or a financial emergency – you do very useful, since we already have a good relationship with the people who ask for help.

8th Do not be afraid to ask: Banks are in the

Shops keep their customers. This means that sometimes they go up and keep their normal range of services for your business. Whether you are looking for a better price on one of your accounts, free financial software, or even a toaster, do not be afraid to ask about specials. In the process, do not forget to remind them how loyal a customer you were. They would, as many elements that are available are encouraging, but are not given to you to be surprised. There is only room in your bank's storage room.

In summary, Banking takes care of your habits, while protecting your financial data, and aware of the remaining, how much you have to prevent in comparison to other offers that will help your disposal, you make many of the most common errors and harm in retail banking.

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How Safe is Personal Online Banking?

September 19th, 2008 by getguarantee

As the use of the Internet continue to expand, more banks and savings banks with the convenience and simplicity of the Web for products and services and improve communication with customers to offer. According to the Federal Deposit Insurance Corporation (FDIC), the Internet offers the potential for a safe, convenient ways for financial services and conduct banking business shop – 24 / 7 However, to ensure safe bank, the customer must in good decisions that protect them against costly surprises or even scams are educated.

The protection of deposits

Whether you looking for a traditional bank or online bank that has no physical branches, the FDIC advised to ensure that the institution is legitimate and the deposits are insured by the federal government.

The following safety guidelines for examining Internet Banking:

1st Seek relevant information about the bank posted on its website. Read "describes About Us" section that the institution, which provides a brief history of the bank, the official name and address of the bank's headquarters, and information about their insurance coverage.

2nd Be on the Clock for fraudulent websites. Keep an eye out for copycat Web sites that use a name or Web address very similar to a real financial institution. These pages could hope to lure unsuspecting customers into their personal data such as account number and password provide.

3rd Check the status of the bank insurance. Customers should be for the familiar FDIC logo or the words look "Member FDIC insured" or "FDIC" on the site. Some banks that are on the Internet not by the FDIC, as the chartered overseas insured. should customers choose the bank with this type of banks know that the FDIC may not insure deposits.

4th For insurance purposes, banks may use different names for online and traditional services. This does not mean that customers are dealing with separate banks. To determine maximum range FDIC deposits are added to the parent company of the Bank along with those named separately on the Bank website and are insured up to the maximum amount covered for one bank.

5th Only deposits from FDIC-insured institutions will be offered, protected by the FDIC. Products such as mutual funds, stocks, bonds and life insurance through websites or at the bank itself sold are not FDIC-insured, are not guaranteed by the bank and may lose value.

Privacy

Bank customers often want to know how their personal information is used by their bank and whether it shared with subsidiaries of the bank or other parties. Since July 2001, the banks are obliged to offer clients a copy of its privacy policy, no matter whether online or offline business conducted.

Customers should be noted that banks exchange information about their customers want products to the market to help meet specific needs and interests. participating customers who do not wish to, in information exchange, the law, the Bank of disclosure of personal information to other parties did not prevent the bank related.

Some companies can also track Web-browsing habits of their customers at the bank on the ground to better understand interests. Customers can ask whether a specific bank track browsing habits if these practices constitute a concern.

The protection of transactions

Learning how to protect information is to banking, credit card numbers, Social Security number and other personal data of crucial importance in the conduct of business on the Internet.

Customers to ensure their transactions want are safe should carefully consider a bank's web site for information on security practices, or contact the bank directly. Examples of safety features include:

1st Encryption: The process of private data encryption to prevent unauthorized access. Some browsers display a small icon on the screen, like a "lock" or "key" looks when customers conduct secure transactions online.

2nd Passwords or PINs: When customers an online account access, a password or personal identification number (PIN) may be required. Passwords or PINs should be unique and changed regularly. Avoid using birth dates or numbers or words easy to guess by others.

3rd General Security: virus protection, PC and physical access controls should be used and updated regularly.

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