| Choosing a Banking Institution |
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moneysaver
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| Choosing a Banking Institution |
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For most people having a bank account is a necessity, and with so many free bank account options available it is a hard decision who to choose.
If you were looking for a reputable banking institution in the UK to open up a free bank account with who would you choose and more importantly why?
There are a range of accounts available, and most high street banks offer free accounts with an online banking option, a direct debit facility, and debit card. Some available include but are not exclusive to the Barclays, A+L, Lloyds and HSBC account packages.
Has anyone any views or opinions on these or similar available accounts.
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Mon Aug 04, 2008 11:39 am |
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jerrymind
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| Re: Choosing a Banking Institution |
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quote:
Originally posted by moneysaver
For most people having a bank account is a necessity, and with so many free bank account options available it is a hard decision who to choose.
If you were looking for a reputable banking institution in the UK to open up a free bank account with who would you choose and more importantly why?
There are a range of accounts available, and most high street banks offer free accounts with an online banking option, a direct debit facility, and debit card. Some available include but are not exclusive to the Barclays, A+L, Lloyds and HSBC account packages.
Has anyone any views or opinions on these or similar available accounts.
It will depend on the recent financial economy as rates from top banks seem to be a determining factor now.I will be looking for a bank that will offer low interest rates for ISA, savings account and good credit card facilities.
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Mon Nov 17, 2008 11:15 am |
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Adria.John
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Well, I choose as the bank after comparing:
1. The Lowest Interest rates
2. Overdraft facility
3. Customer care and support
4. Hidden cost and bank policies.
5. Facilities and other surplus offers given by the bank.
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Thu Jul 08, 2010 12:30 pm |
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Dannin
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Availability of and access to ATMs is another consideration. Some banks charge fees to other banks to use their ATMs.
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Thu Jul 08, 2010 10:10 pm |
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siestakey
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if u have to choose bank then u have to choose goveronment banks in this money crisis.......
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Mon Jul 12, 2010 5:12 am |
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pwsolutions
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quote:
Originally posted by Dannin
Availability of and access to ATMs is another consideration. Some banks charge fees to other banks to use their ATMs.
yes, there is a very nominal fee on Cross Bank ATM Transactions.
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Sat Jul 17, 2010 10:26 pm |
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mukeshkkashyap
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thanx for your info buddy..
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Tue Jul 20, 2010 7:44 am |
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financegenie
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Ask questions about interest rates, types of mortgage loans, closing costs and processing fees when speaking to a bank lender. If they can answer your questions clearly and completely and provide additional information, then consider using their services. Developing a trusting relationship with your lender is important. If you don't feel comfortable, visit another bank.
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Thu Aug 19, 2010 1:25 pm |
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mukeshkkashyap
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Some banks charge fees to other banks to use their ATMs.
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Fri Aug 20, 2010 5:48 am |
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georgepeen
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Also, don't forget to consider banks with a superb customer service. All rates being equal (interest rates), it is the service that should count in the end.
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Sun Aug 22, 2010 10:51 am |
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Billy'sSavingsClub
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In my experience the biggest institution is always the best, because that minimizes ATM usage costs. If you don't have a personal account, one may be more preferential in terms of what they supply businesses, but the biggest branches are generally the best for personal usage.
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Mon Aug 23, 2010 10:31 pm |
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welbon
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i am always prefer good banks which can provide nice customer services.
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Tue Aug 24, 2010 2:52 am |
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coaster
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....and especially if they have cute tellers. 
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Wed Aug 25, 2010 3:31 am |
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mukeshkkashyap
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pwsolutions is right
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Wed Aug 25, 2010 6:11 am |
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harjos
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Compare financial institutions in order to find the one that will serve your business's needs and will also provide support and assistance during each stage of your business. Selecting an institution that you can work with will be especially important as your business grows. Start gathering information to help you make this important selection.
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Wed Aug 25, 2010 10:08 am |
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