Personal Internet Banking

Archive for the 'business banking' Category

Why do electronic banking transations only occur on business days?

October 16th, 2009

For example, in Australia if I transfer funds from my account to another persons account on a saturday, the person will not recieve them until the next business day (monday). Why is this the case do computers take the weekend off too?
All the country banking laws I’m familiar with require financial institutions to update depository [...]

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Will the US govt simply nationalize business and banking?

October 13th, 2009

It appears that Obama won’t have a chance to impose socialism when/if he’s elected. Bush is doing a fine job of it.
The govt now owns stake in banks, next Ford and GM
The will soon own a chunk of houses.
What’s next?
Interesting statements, Yammee
This is the answer to the financial crisis put into action by our [...]

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If I have a business banking account, can creditors I owe put a lien on that account?

October 10th, 2009

Varies in different areas.
Also, depends on how you set up the business.
Is it an LLC, S copr, propietorship, etcc. Some protect personal assests. Seek legal advice to be sure.

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If I write a check on Friday and they company says it takes one business/banking day to process…?

September 25th, 2009

Is Saturday considered a business day in the baking world or would the check that they put through not be cleared til Monday?
Nope-sorry. Business days are Monday through Friday.

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Is bank HSBC good for general or business banking?

September 22nd, 2009

or both, thanks. (uk)
I work at HSBC and personally it is a great bank for both types of banking as the interest rates are reasonable and being calculated for a average person, we calculate rates for a average person with incomes of £25,000 per annum and all of us discuss rates in meetings, and [...]

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