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What Are The Major Advantages Of Personal Banking

Personal touch banking is the latest buzz these days. More and more people are opting for banks that offer personal banking services as opposed to those that are still following conventional banking systems and methods. But what is it that is contributing to the immense popularity of personal banking? And, what are the major benefits offered by the same?

The major benefit offered by personal banking which is directly contributing to its popularity is the unparalleled comfort and flexibility that customers tend to enjoy. Personal banking services like online banking, netbanking money transfer, online payment of utility bills, phone bills, and other expenses have redefined banking for a common man. Today, one doesnt need to go to a bank to deposit money in his or someone elses account nor is he required to drive all the way to the bank to drop cheques.

Everything can be done at the simple click of a mouse. Online banking is the biggest advantage of personal banking as it helps people save a huge amount of their time and energy. Cheques can be dropped at nearby bank ATMs and withdrawals can also be made at the ATMs. Personal banking lets one do away with time consuming and tedious conventional banking systems.

Phone banking is also a part of personal banking and lets customers resolve their queries regarding banking services and the latest investment options quite easily, without coming all the way to the bank.

Most banks that provide personal touch banking services share a special rapport with their clients. They provide valuable advice to their customers regarding the best possible utilization of the funds that are lying in their bank accounts and of the various means of earning interest on that money. With the help of personal touch banking Florida and personal touch banking Jacksonville, many customers are able to grow their money and are able to earn handsome interest on their money in current accounts and savings accounts which helps them pay bank fees and charges quite easily.

Unlimited check writing, free monthly bank statements and checks, checking account with a no minimum balance requirement, free cashiers checks, free travelers checks, and free money orders, free of discount safe deposit box rentals, free notary service are some other benefits of personal banking.

If you wish to enjoy these benefits and many other benefits offered by personal banking, please visit jaxbank.com for the best personal touch banking in Jacksonville Florida.

Jobs in Banking Sector

Every one out of three students that we come across in today’s time is looking out for a job in the banking sector. It seems very logical as every bank today, be it public or private is looking to expand business in India. With this enters fierce competition that make thousand of candidates apply for the post of Bank PO but only a few make it. The students should keep some points in mind while and coaching. The academic qualification of the candidate should be a degree in any discipline from a recognized university or equivalent qualification by government of India. A candidate with good knowledge of computers is given preference. The applicant must be between with minimum of 21 and maximum of 30 years as per date of filling up the form. There is a provision of relaxation of age for OBC and SC, ST classes. Ex- serviceman and commissioned officers who gave minimum of 5 years of military service also get relaxation in their age. Persons with disability like visually handicapped also get some relaxation in their age. The selection process for the post of for different exams in India mainly comprises of two stages of written exams and upon selection in written exam goes to the second stage of interview/group discussion. The Written test majorly comprises of objective test, reasoning ability, quantitative aptitude, general awareness and general knowledge about banks. Application procedure mainly comprise of online submission of bank entrance application form through official website of respective banks. Every bank is in a race of becoming the best in the face of fierce competition and advent of technology. Customer satisfaction policy and minimal risks are the mantra of the day for all the banks. The commercial banking structure in India consists of Scheduled Commercial Banks and Unscheduled Banks. Scheduled commercial Banks constitute those banks which have been included in the Second Schedule of Reserve Bank of India (RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act. With so much competition around, banks are focused in being the best in the country. And that in return demands quality personnel through means of written tests and rounds of personal interviews. It becomes important for the candidates to ensure that they meet with the eligibility criteria and adhere to the instructions in the official advertisement and complete the application form in all respect.

Commercial And Consumer Micro Small Ticket Banking And Leasing Is Accessible To Dealers And Vendors Clients.

Commercial and consumer micro small ticket lending and leasing is offered to dealers and vendors customers. In this economy, consummating sales is difficult enough and this available financing could be a deal maker for the dealers and vendors clients.

U.S Corporate Capital Leasing Group offers small-ticket consumer and commercial micro ticket lending and equipment leasing to all new and credit-challenged businesses of any volume to its customers through our bank network. To assist close more deals, we work with different micro ticket lenders providing our customers with a choice of banking options, including start up businesses.

U.S Corporate Capital Leasing Group concentrate on providing financial solutions for micro-ticket transactions, or equipment ranging from $500 to $25,000. The majority of other leasing companies simply wont consider Micro-ticket leasing because they are paying attention on more high-priced equipment deals

Our lenders can support more of the customers that dealers serve, and canin general approve 50% of the clients that other leasing companies cant or wont. Our banks use their own Proprietary Credit Scoring Model and Risk Adjusted Pricing unlike other leasing companies that make use of a pass / fail system. This means they can allow more credit situations, including:

Start-up businesses with no business credit history
Businesses in certain industries that are usually disqualified by other leasing companies
Businesses with challenged credit histories
Our lenders offer both consumer and commercial leases.

No Tax Returns, Financial Statements, Asset Documentation

Products that are not accepted include titled equipment, 100% software, fixtures, bankcard terminals, ATM, used copiers

For start-up restaurant lease transactions will be subject to a minimum security deposit of 5% along with one advance payment. Security deposits can either be applied towards the end of the lease or be returned at end of lease.

Our Lenders lease nationwide, including Alaska and Hawaii, however Puerto Rico and Canada is excluded.

In conclusion, these difficult economic times have put ahuge strain on the vendor, dealer and the client This program offers the vendor/dealer a way to get his client financed without all the red tape. This can generate a stimulus for sales and decrease the burden of trying to get a customer authorized for a small ticket item. For the client without the capital available to get the deal bought for cash, this also gives them a win win condition to get the deal done. These hard economic times have restricted the available financing in the marketplace but this is a excellent answer for all.

Books Online About Internet Banking Can Help With Questions

There seem to be few that the average person can read and understand. With a little investigation at your local bookstore and online, you can find some fairly recent books that have something to say to the average consumer about internet banking.

Scams and Swindles: Phishing, Spoofing, ID Theft, Nigerian Advance Schemes Investment Frauds. There are many how-to books with instructions about knowing when you are being taken for a ride.

If you read this book, you will get information from crooks who have scammed, people who have been scammed, and cops who have investigated scams. You will be given worksheets and detailed reports on recognizing internet banking fraud. It is a must-have book for anyone who wants to understand how frauds work.

In some books, the author discusses how internet banking services can be used to create wealth. The usual financial concepts are discussed. Understanding net worth and how to accumulate cash are important ones. Different types of investment vehicles are also mentioned.

The difference in some books is that it is all related to internet banking. It is all designed to make it easier to run your finances from your home computer. This not only includes your internet banking savings accounts. It includes stocks and bonds, as well. It is well worth the investment.

Some books shed light on how internet banking may become more popular in developing countries. They explain that mobile devices are much preferable to installed devices in such countries.

This is because, for anything that involves installation, like a satellite or cable service for internet, people have to wait quite awhile. The early users of the internet in developing countries will be those who have wireless internet. It stands to reason that these people will use their computers for internet banking as well.
Some books give a studious report on banking issues that affect the world. They include discussions of internet banking.

You can also order articles to download from the internet. One article discusses the implications of internet banking on mortgage lending. Another article claims that internet banking has forever changed mortgage banking.

It takes diligence to find pertinent information on internet banking. Much of the information is too outdated to be of any usefulness. A lot of it is written in complex banker’s language and words only an internet guru would love. However, there are some books that are interesting to read about the subject of internet banking.

Secrets of Offshore Banking

This is an introduction to offshore banking and incorporation a world that you may or may not be familiar with. There are many countries that are considered to be tax havens of one sort or the other. Each jurisdiction has its own reasons in extending a warm welcome to non residents. The aim of this article is to introduce to offshore banking and give you an idea of the benefits of going offshore.

Offshore banking makes many people think of money laundering and many other illegal activities. However, most illegal activity happens onshore. Newspaper headlines are the main reason for these misconceptions. Legal activities are not headlines, so few reporters write about the above-board side of offshore finance.

Proof that using offshore banking and companies are not illegal is the large number of known international trading and finance companies that have an offshore presence. Some countries tax you on a global revenue basis. If you are a resident or a citizen of such a country it would be crime for you not to declare your offshore holdings. Declaration does not mean taxation. Consult with your tax lawyer to find out the latest legislation on this.

Is there really a secret to successful offshore banking? Yes, there is and it is very simple. -Knowledge- is the secret key.

To set up your offshore infrastructure, it is necessary to start by exploring the low tax and asset protection opportunities that are offered in various countries. These can range from low tax to 0 taxes, tax treaties, special corporate structures, free zones etc-. Studying the aforementioned will allow you to put together a complete offshore solution.

There is no one size fits all packaged solution. Every business is unique. Everyone who wants to establish an offshore banking presence must take into consideration the countries that he will be doing business with to obtain the maximum benefit of going offshore.

What are the most common benefits to going offshore?

– Tough bank secrecy and privacy laws

– Fewer restrictions on financial transactions

– Low taxation or 0 taxation

– Asset protection

Even the United States and Canada can be tax havens. Though this is only promoted usually for non-citizens and non residents.

As you can see from the above, you have multiple reasons for wanting to explore all the possibilities that an offshore incorporation linked to an offshore bank account will give you. No matter which aspects of the offshore world you choose to use you will find the find that there are many benefits.

For more information about please visit where you will quickly and easily find valuable and banking resources to get started immediately.

Questions to Ask When Searching for a Small Business Banking Account

The bank a small business owner chooses to bank with is critical to the success of a business. Choose a bank that takes too many fees out, or one that doesnt offer the services a small business needs, and the success of the business is on the line. Conducting research before choosing which bank you use for your small business banking is critical. If you are in the beginning stages of your bank research, the following questions can help you determine if a bank is right for your small business.

The first question you should ask is what banking options the bank provides your small business. Every small business is different, and the banking options one business needs will vary from another. Determining what features are offered, and how they help your small business can help you determine if a certain bank is right for your small business banking needs. Some questions to consider asking include if a bank provides online access to bank accounts, the ability to choose remote checking, and the option to directly deposit checks and money remotely. Once you have determined what features and banking options are being offered to your small business, you can determine what bank offers you the most.

The second question you should ask is what, if any, potential is there for accessing small business loans. Some banks include in their small business banking features the ability to easily gain access to small business loans. If there is reason to believe that your small business may need to apply for a loan sometime in the future, then a bank that offers easy access to a small business loan might be beneficial. If a small business loan is not on the horizon, then the small business loan feature doesnt affect your decision on which bank to use.

The third question you should ask is what bank fees will your small business occur over time. Small businesses will sometimes incur thousands in bank fees over a period of time. Asking what bank fees are can help you assess whether a particular bank is right for your small business banking needs. Banks fees to consider include account holding fees, fees to access online accounts, transaction fees, debit card fees, and remote banking fees. Once you have determined what fees are being assessed by which bank, you can determine which bank is the best choice for your small business.

Save your baby’s cord blood through Cord blood stem cell banking

Hello, I am John Franks and I am writing this to share my ideas on . Cord blood is composed since it contains stem cells, as well as hematopoietic cells, which can be used to care for hematopoietic and hereditary disorders. Although the cord blood does contain stem cells, there are usually not enough stem cells in one unit of cord blood to treat a mature patient. The placenta is a much better source of stem cells since it contains up to ten times more stem cells than cord blood. The use of cord blood stem cells in treating situation such as brain injury and type I diabetes is already being studied in humans, and earlier stage research is being conducted for treatments of stroke, and hearing loss. However, apart from blood disorders, the use of cord blood for other diseases is not a routine clinical modality and remains a major challenge for the stem cell community. is an once-in-a-lifetime chance to save our baby’s cord blood stem cells for possible medical uses. Collecting cord blood is a simple, safe, and effortless procedure that usually takes less than five minutes and happens immediately after birth. After the umbilical cord has been cut, the left over blood in the twine is composed. The cord blood is then shipped to the laboratory and ice-covered in cryogenic storage tanks for long-term preservation. Our baby’s umbilical string and cord blood contain lifesaving trunk cells. With Cryo-Save, Europe’s leading stem cells bank, we can save them for a lifetime; thus giving your offspring the best start in life and peace of mind for the future.

At current, umbilical is done for management of certain high-risk illnesses. In together vaginal and cesarean deliveries, group of cord blood is done before long after delivery however, quantity of cord blood collected in case of caesarian deliveries is less. The process for collecting cord blood is carried out by a practiced midwife or a medical doctor. Months before your due date, the cord blood bank sends you a group kit that contains everything that is needed for the process. The bank also sends your OB or Midwife commands to make sure he or she knows how to collect the blood. When baby is born, and the umbilical cord is cut, the OB or Midwife collects the blood from the left behind umbilical cord and placenta (not from baby) into a needle or blood bag. This cord blood stem cell, banking, storage are the best thing for our babies for saving life for them.

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Breeze Banking Is Better Banking

Saying yes to Breeze is to invite into your life a rich and modern way to perform your banking. Whether you want to pay your credit card bill, transfer money from one account to another, write a cheque or send money to your daughter for her birthday you can do all of this in a jiffy thanks to the creation of the Standard Chartered Bank’s Breeze.

If you want to start a wish list, keep track of your spending, save for a rainy day or find out where the closest ATM is to wherever you are at the present time then this can all be done through Breeze, the chic and up-to-date online banking platform from the Standard Chartered Bank in Singapore.

Whether you choose to deal with a traditional brick-and-mortar bank but do some of your banking online or whether you choose a web-only bank that has no branches in the real world online banking allows you to connect to your financial institution by way of the Internet. Once you have signed into your account you can perform any number of functions.

You can view the transaction record of any of your accounts (whether you have one account or five), your can transfer money from one account to another and you can pay your bills online. You can also view images of checks that have been put through as well as print copies of the checks for your records.

Online banking is the wave of the future. It is less time consuming for the customer and takes the paper element of traditional banking out of the equation. If you are a Standard Chartered Bank customer then you are in for a treat in this regard! Stan Chart has developed Breeze which is a modern new generation online banking platform that is set to revolutionize the way mobile banking is done!

What is the Breeze by Standard Chartered exactly? It is, as previously mentioned, a whole new way to do internet banking that is designed to make banking as simple and as elementary as it could possibly be. If you have ever thought that it would be so great if banking was a breeze then you got your wish. With the new Breeze from the Standard Chartered Bank it really can be a total breeze!

There is no denying that Breeze is a different type of mobile banking application than what other banks have introduced to the public. For one thing, it has embodied what consumers actually want from a system such as this. To date, Breeze has been well received and according to some of the top researchers in the world, it is expected that more than 150 million people will be using mobile banking by the end of 2011. With the design of Breeze, it is also anticipated that a large number of people will choose this application over others.

Overview Of Indian Banking Sector

Liberalization of Indian Banking sector post 1991 led to a shift in banking culture from Class banking to Mass banking. This sector was and will continue to be the backbone of Indian economy. According to RBI, Indian banking industry is now well-regulated and adequately capitalized compared to banks across other developed countries. This has helped them in remaining resilient in the wake of global meltdown and sub-prime crisis.

Increasing presence of foreign banks, heightened competition and rapid technological advancement forced banks to become cost efficient and financially strong. Taking risks is part of a banks core business. They borrow money in the form of deposits and leverage it to lend it to borrowers at a higher rate. Banks therefore need to be highly regulated as even a small liquidity problem can create panic amongst depositors”, further deteriorating liquidity.

Since accepting deposits and providing loans and credit is primary business of a bank, some loans are bound to go bad. Making provisions for such losses on bad debts is therefore important to maintain liquidity. They also carry huge liabilities in the form of customer deposits. The best parameter used to judge a bank is the level of Non-Performing Assets it is carrying on its balance sheet. These are loans that do not pay off their principle amount or interest for at least 90 days. Due to its peculiar nature of business, cash flow statements of banks do not provide much insight into their performance.

Five important factors that investors should judge before investing in a bank are capital adequacy, credit quality, liquidity position, earnings and capital efficiency. Recent sub-prime crisis has highlighted the importance of banks” credit quality.

Banks usually pay-out dividends and are high yielding stocks. Performance of banking stocks on stock markets is directly impacted by overall economy”s health and changes in interest rates announced by RBI. This is reflected on Bankex, the index for banking stocks.

Indian banks are still recovering from the last year”s sub-prime effect and experts believe that several banks are still trading at a much lower price-to-earning ratio compared to the overall market. While public sector banks are shedding their excess flab by pruning manpower and NPAs, private banks are seen consolidating though mergers and acquisitions.

Government”s effort to encourage public sector banks to keep lending during the slowdown is expected to show positive results as soon as the economy shows positive signs. Private Banks played smart by shifting their focus from corporate lending to retail lending to cap their losses. Besides, indications from RBI that it does not plan to increase interest rates any time soon also helped improve investor sentiments about banking stocks. Experts believe that credit off-take will increase around 18% to 22% during the remaining part of this year driven by soaring demand from corporate sector.

TANNAN’S BANKING LAW AND PRACTICE IN INDIA

TANNAN’S BANKING LAW AND PRACTICE IN INDIA- is a classic legal Treatise and most comprehensive, authentic, authoritative, widely acclaimed,appreciated, recognised and recommended masterwork on the Banking Law and Practice in India since decades, to be precise since 84 years of thefirst edition of this most prestigious book in 1926.

TANNAN’S BANKING is undoubtedly one of the best in the Banking Law field. Every edition of this book has sold like proverbial hot cakes, pointingclearly to its scholastic wealth on the subject, its deft handling by the authors its usefulness, utility and eventually the popularity of the book in the field.

TANNAN’S BANKING in its every edition is eagerly awaited and widely welcomed by the people in the Banking Law field. Present edition is nowreleased with the pride and glory of the previous editions. It is a unique and authentic publication of its kind, authored by a renowned personality, having tremendous knowledge and authority over the subject. New edition is completely revised and updated. The present Revised and Enlarged edition contains 76 Chapters covering entire spectrum of Banking Law and Practice. It contains most upto-date Statute Laws, Case Laws and RBI Master Circulars, Guidelines and Directions and other related matters annotated under appropriate discussions.

TANNAN’S BANKING has always been prescribed and recommended by Indian Institute of Banking and Finance (IIBF), Promotion Tests, Internal andother Exams and is cited and quoted by Hon’ble Supreme Court, High Courts and Tribunals in various judgments.

This most authoritative Treatise is an indispensable guide and reference work for the Banks and Financial Institutions (FIs), Legal Officers, BankingExperts, Branch Managers, Bankers for Promotion Tests, Internal exams, exams conducted by the Indian Institute of Banking and Finance (IIBS), other Universities and Management Institutes, Staff Training Colleges, Law Colleges, Commerce Colleges, Professors of Banking, Academicians, Chartered Accountants, Practitioners, Advocates, Lawyers, Hon’ble Courts, Judges, Bench and the Bar.