Archive for January, 2012

Which bank has the most worldwide branch offices?

I read recently that the British-based Barclays Bank has over 3,000 international branch offices in addition to their over 1,800 national ones. Now my question is, if there are other banks with a higher number of branches all over the world?
I know that Barclays does not have any regular branches that an average person can [...]

Could I be robbed of my bank account?

this wasn’t a smart idea, but when I got a convenience card a few years ago, I made my code the same one as a password I use for a mobile device I have. I told someone the password to my mobile device, but they don’t know it’s the code for my bank account too. [...]

How much money can I take out of debt card?

I already took out my max of 300 today so If i try to use my debt card will it still work? I still have money in my bank account.
We can’t answer this. We don’t know what bank you use or if they have different policies for different accounts. Just call the bank [...]

Should i take home loan from a bank the builder is suggesting?

I am planning to buy a flat on bank loan. I’ve checked with various banks about my eligibility and it’s fine.Builder in whose building i’ll buy flat, is insisting that i take loan from a particular bank which has already approved his project. He says it will cut hassles for him and loan will get [...]

The amount of money banks must have on hand to back up customers’ deposits is __________________.?

a.enough to cover all savings deposits
b.the reserve requirement
c.the same as the amount they loan out.
d.determined by each bank individually.
B. Reserve Requirement, and it’s given as a %. So if the new Reserve Requirement is 15%, then every bank needs to make sure that they have 15% of all deposits on hand in case customers [...]