Banks
Banks Get Involved With Patriot Act
Tracking terrorists and money laundering has become an important part of what banks do every day. Under the Patriot Act, banks have been required to ask their customers more questions about who they are, what they do and how much money they expect to deposit each month. Also, banks are now required to check their customers against a list of possible terrorists. However, it’s the consumer and small business owners who pay the price of complying with the Patriot Act, usually through higher fees.
Real U Guide to Bank Accounts and Credit Cards
This book by Ilyce R. Glink covers everything you need to know to open your first checking account, apply for your first credit cards, and handle both…
Bank Accounts
As hard as it is to believe, up to 50 percent of Chicagoans do not have bank accounts. But without a bank account, it’s a lot harder to establish good credit, rent a car or even buy an airplane ticket.
Should I E-Bank?
Electronic banking, or e-banking, means you use machines to do your financial transactions instead of people. With electronic banking, you can do your financial transactions any time of the day or night. If you’re worried about security, know that banks do everything they can to be sure they have the best online security money can buy.
Laundering Terrorist Money
The international coalition President Bush is building to fight terrorism isn’t just about physical attacks. it’s also about getting other countries to shut down Osama Bin Laden’s access to his case. Here’s where the world is today in the drive to cut off the flow of terrorist funds.
