Ragavan Sreetharan | Learn How to Choose a Bank

Ragavan Sreetharan | There are many options today. With little documentation and little running, you can find the bank that fits your finances.

Raguragavan SreetharanRagavan Sreetharan

Here’s how:

  1. Choose a bank that is good for your daily activities. Search banks that are easily accessible, you can found on your way to work or when you have to do several payments.
  2. Check the websites at several banks. There you can learn something about the types of accounts, available services and interest rates offered, long before entering the bank.
  3. Think about what is most important for you when choosing a bank. If you want to put up a personal relationship, on a long term, it is possible that a small bank is better for you. If you travel a lot and need branches in other countries, it is recommended to choose the larger banks, international.
  4. Think about what kind of transactions you make. If you want to make online transactions through ATM ‘s, then choose the bank offering these
    services.
  5. Visit the branch where you will place the most of your activity. The staff is professional and friendly? Working hours are compatible with your
    schedule?
  6. Compare interest rates and fees charged for services and make sure you make the best choice.

Tips | Ragavan Sreetharan

  • Ask friends and family to recommend a bank.
  • Many banks will use the combined balance of all your accounts (checks, savings, money market, etc..) When calculating the fee for service, so you should move all accounts at one bank.
  • Choose a virtual bank. All transactions are made online or by mail and commissions services, if any, will be minimal.

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