In this section, we will be tackling about services that bank designs and offers to individuals.
These services help us manage our money, transact online, be able to access credit, safely save our money, and other services.
Most of these banks aim to be a one-stop shop for individual banking services so we will see that most of them offer all or most of these services.
These services include:
- Checking & Current Accounts
- Savings Accounts – Savings accounts are demand deposit accounts that are used when you have no immediate need for your funds but want quick access to them in case your financial situation changes. Banks will usually offer you interest on your savings account, but are usually minimal and will need to maintain balance.
- Long Term Deposits
- Bank & Debit Cards
- Credit Cards
- Loans – Consumer Finance
- Loans – Mortgages
- Private Banking Products & Services
- Banking & Cash Management
- Estate & Trust Planning
- Tax Planning
- Investment Management
- Credit Strategies
- Philanthropy Advice
In each of these blog articles, you will find bank name and its specific service. You may also check their factors to consider to see if it suits your needs before opening an account.
It is good to know even for us individuals so we can better utilize these services banks offer us. I also deemed it important for Cash Heaven blog as banking plays a crucial part in reaching the higher stages of wealth.
Other articles on where we save or use our money:
Digital Banking or Wallets