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Financial Services 5

CFM

TermDefinition
How do you decide on what bank to choose? Make a list of everything you want in a bank. Questions to think about: Will you make deposits in person or online? Where will you withdraw cash? ATMs? Stores? How will you pay for things with your money? Checks? Debit card? Online bill pay?
How will you decide on what bank to choose (continued)? Is mobile banking a must-have or a nice to have? What other services might you need in the next few years? Will you be able to to access your accounts if you're in another city or country?
Direct Deposit Having all your money in your bank account without picking up a check, making trips to the bank, or waiting for a check to clear.
Automatic Transfer Let's you schedule money movements between accounts at the same bank.
Online Bill Let's you send money to your creditors and vitilties straight from your checking account or savings account. Make a one time payment or schedule payments to happen automatically each month.
Account Alerts Enabling email or SMS text message alerts helps you to stay on top of your account and tackle problems quickly. You can set up alerts for low balance, failed bill payment, overdraft fee charges, and more.
Created by: Blissful_Olive
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