Author Archives: Guest Author

Which Is The Best Banks In The Philippines?

In the Philippines, there are various banks across the country which operates locally and internationally. In order to select a good bank you need to know which bank is the recipient of awards and recognitions from local and international organizations. The idea is that if a bank has many awards it is a good bank to deal with. Continue reading

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Understanding Online Savings Account

An online savings account is a savings account which you can access online or using the Internet. Before, account holder should go to the bank before he or she can transfer money, pay the bills or view the statement of account. But with the introduction of online savings account, banking became easier and very accessible and convenient for the clients. Continue reading

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Choosing Between Regular Savings Account Or Time Deposit

In the Philippines, a time deposit or also known as a term deposit is a money deposit in the bank that cannot be withdrawn for a certain “term” or period of time. When the term is over it can be withdrawn or it can be held for another term. Basically, the longer the term the better the yield on the money. In other countries specially in the US, it is called certificate of deposit or CD which is also a time-deposit product. Continue reading

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Avoiding Forex Scams

Forex trading is the business of trading currencies. It is one of the biggest industries in the world since countries need to exchange their currency to other countries. Online forex trading is the trading of currencies online using the Internet. Continue reading

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Procedures On Applying For A Union Bank Account

In the Philippines, Union Bank is a partnership among Insular Life, Aboitiz Group and Social Security System of the Philippines. Continue reading

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BDO: The No. 1 Remittance Bank In The Philippines

One very important task of all Filipinos working abroad is to select which bank to use in remitting money to the Philippines. In the past, there are limited choices in which how can you send money. However, it was changed because all banks now offer remttance services from around the world. Continue reading

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Requirements On Opening A PNB Bank Account

Why do we need a savings account? A savings account is the means of the government to promote saving money among the people of its country. To be able to have a safe place for money being saved, the government created banks. The money in savings account at the bank is insured by the government up to a certain amount in case of bankruptcy of the bank. Continue reading

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How To Budget Money Effectively

We always hear the word “budget” from our parents especially when we asked for allowance when we are still studying. Budgeting is the process of allocating the money you have on things that you really need. It involves making a plan on how and where to spend the money effectively. Continue reading

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Procedures On Applying For BPI Savings Account

On June 2010, Bank of the Philippine Islands (BPI) was awarded as the best cash management and trade finance bank by Finance Asia, a popular finance publication and magazine in Asia and the Pacific. BPI is an old and established bank in the Philippines. Continue reading

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