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Banking Basics
31 posts
What Does It Mean To Notarize A Document?
DEFINITION Notarized Documents are those that have been certified as authentic by a notary to ensure their authenticity. Notarization involves…
How to make financial transactions as anonymous as possible
Even when it comes down to financial matters, privacy is a rarity in today’s digital age. Every time you…
What is an ABA number?
The ABA number is a nine digit code used to identify banks in the United States. It allows…
What is the difference between ACH and wire transfers?
Electronic transfers include ACH and wire transfer. These are often good options for sending or receiving money. There’s no danger…
How to Send and Receive Payments with Facebook Messenger
Facebook Messenger isn’t only for chatting. Facebook Messenger allows you to send money (and receive payments) from friends. This is…
How to Deposit Cash in Your Local Banks, ATMs and Online Banks
It’s best to put any extra money in a bank. So, the money is protected from theft, loss or…
How to check your bank balance online
You should always know the balance of your account, and how much is available to spend. You can keep…
What is a Tanda?
DEFINITION A tanda is a rotating savings and credit association (ROSCA) formed by a group of people who know one…
What is Escheatment and Why?
DEFINITION Escheatment is when money in an account appears to be abandoned after a certain time period. The financial…
You can pay with your mobile phone
Are you carrying your phone more than a wallet or purse with you? Then paying with your phone could…