Business Banking Section

A Guide To Offshore Banking


If you are someone whose career and place of residence changes a lot, then you might want to keep your banking constant. One way to do this is by using offshore banking, which allows you to keep your money in one country, yet have access to it wherever you go. If you want to know more about offshore banking then this guide has some information that might be useful continued…

Fixed interest


A fixed interest rate loan is a loan where the interest rate doesn’t fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. When the prevailing interest rate is very low, continued…

Business Banking Basics


One of the most important features of large and small business is to have good business banking. Good business banking will allow the money within your company to flow, and will greatly save you time and money. If you are a small business owner and are unsure about where to begin with business banking, then here are some basic tips to get you started continued…

Budget Enforcement Act of 1990


The Budget Enforcement Act of 1990 was enacted by the United States Congress as title XIII of the Omnibus Budget Reconciliation Act of 1990 to enforce the deficit reduction accomplished by that law and revise the budget control process of the Federal Government. The Act created two new budget control processes: continued…

Employee stock option


Employee stock options are stock options for the company’s own stock that are often offered to upper-level employees as part of the executive compensation package, especially by American corporations. An employee stock option is identical to a call option on the company’s stock, with some extra restrictions. continued…

Bank vault


A bank vault or strongroom is a reinforced room or compartment in a bank building where valuables are stored. Modern bank vaults generally contain many safe deposit boxes, as well as places for teller cash drawers, and other valuable assets of the bank or its customers. Vaults are also common in other buildings where valuables are kept such as post offices, grand hotels, and certain government ministries. continued…

Controlling interest


Controlling interest in a corporation means to have control of a large enough block of voting stock shares in a company such that no one stock holder or coalition of stock holders can successfully oppose a motion. continued…

Wicket (retail)


A wicket is the place where a customer performs a transaction with a Customer service representative. continued…

Wealth management


Wealth Management is a term that orginated in the 1990s in the United States within Broker Dealers, Banks, and Insurance Companies. Wealth Management has generally evolved from high net worth financial consulting for persons who are top clients of any firm. continued…

Unavailable funds fee


The Unavailable funds fee
The unavailable funds fee as applied to a demand deposit account, usually a checking or a savings account, is a fee that results from a transaction that posts to a negative available balance. continued…