What Is a Bank Holiday?

In the context of personal finance as well as in the world of business, bank holiday days play an important role. They have the potential to affect the financial institutions, businesses and the management of individual bank accounts since the flow of funds could slow. The usual bustle of the banking industry stops to give employees...

What’s the Best Strategy for Avoiding ATM Fees?

It may be surprising to find out that the average ATM cost in America is $4.57. Given that the minimum amount for withdrawal is $20, you will pay a premium of 25% when you use an out-of-network ATM that has such a expensive fee. Of course, the actual charges will differ based the location you...

What Is a Bank Statement?

A bank statement is a document that provides the account holder with a detailed record of all transactions that have occurred in the bank account over a specific period of time. It is usually issued monthly or quarterly and can be accessed online or received in paper form. The statement includes information about the...