A bank account is an account where you deposit money and entrust the bank to hold it with easy access to your money when you need it. Types of bank accounts include:
Consumers can set up checking accounts at bank branches or through a financial institution’s website. To deposit funds, account holders can use ATMs, direct deposit, and over-the-counter deposits. To access their funds, they can write checks, use ATMs or use electronic debit or credit cards connected to their accounts.
Direct deposit allows your employer to electronically deposit your paycheck into your bank account, which makes the funds immediately available to you. Banks also benefit from this feature, as it gives them a steady flow of income to lend to customers. Because of this, many banks will provide free checking (i.e., no minimum balance or monthly maintenance fees) if you set up direct deposit for your account.
ATMs make it convenient to access cash from your checking account or savings after hours, but it’s important to be aware of fees that may be associated with their use. While you’re typically in the clear when you use one of your own bank’s ATMs, using an ATM from another bank could result in surcharges from both the bank that owns the ATM and your bank. However, surcharge-free ATMs are becoming increasingly popular.
Business Account :
It’s normal to require new customers to visit the bank and present their paperwork before the account is fully opened. You’re likely to be asked for the following documents Read More..
Merchant Account :
The World Wide Web is bustling with web-hosting companies and third party institutions offering a range of credit card processing and instant payment solutions Read More
Services we offer :
- Checking and Savings
- Report Account or Card Issues
- Campus Banking Program
- Accepting Card Payments for Business
- Corporate and Commercial Client Support