Four ways to avoid ATM cash withdrawal fees

Payment for withdrawing money from an ATM can reach 4% of the amount, especially if you use an ATM outside of your network. Despite the widespread use of card payments in the United States, there are still places and activities where you may need cash to withdraw ...

The mistake of the bank turned the pensioner into a billionaire

BankUnited reported fourth-quarter results to clients last week, but for one client — Robert McKinley — the computer system spit out special information, The Post has learned. McKinley was shocked when he opened a BankUnited checking account and learned that he...

The court froze $ 820 million of the richest man in Ukraine

The District Court of Nicosia decided to freeze the assets of businessman Rinat Akhmetov in the amount of $820 million in the Ukrtelecom case. RBC reports this, with reference to the Financial Times. The court made the corresponding decision on December 27 on the claim of the Raga Establishment company, which belongs to the former...

UPS courier service lost check for $ 846 thousand

The UPS delivery service lost a bank order in the amount of $ 846,648, and the bank, which advised the client to use such a service, refused to compensate for the lost money, writes the Daily Mail. The postal service agreed to reimburse only the cost of sending the document in the amount of $ 32. After the Canadian doctor ...

Bank employee in Washington stole almost $ 200 thousand from a homeless person

Fallon Davis, 29, who worked as a banker in Washington, DC, stole nearly $ 200 from a homeless client that he earned as a street vendor. Davis pleaded guilty to theft and interstate transportation of stolen property, writes The Washington Post. ...

Bank of America opened three offices without staff

Bank of America opened 3 branches with no staff. These are fully automated branches, where customers can use ATMs and communicate by videoconference with employees in other branches, according to Reuters, citing spokesman for the bank Ann Pace. Like many American banks, ...

The largest bank in Ukraine becomes state property

The Cabinet of Ministers of Ukraine at an extraordinary meeting on Sunday, December 18, decided to transfer the largest bank in Ukraine, PrivatBank, to 100% state ownership. The Government Portal reports this. “At a meeting on Sunday, the Cabinet of Ministers of Ukraine considered issues of ensuring stability in the financial...

How do credit unions in the USA differ from banks?

The difference between a bank and a credit union is that the latter are considered non-profit because they work to serve their members and banks generate returns for shareholders. Unlike a charitable or other non-profit organization, credit unions do not rely on donations. How…

What is overdraft and how to avoid commission

According to the Bureau of Financial Protection, in 2015 banks received overdraft income in the amount of $ 11 billion. If you have ever faced an overdraft, then you know how expensive this pleasure is. What does overdraft mean? Using the overdraft service means ...

Which banks will work on election day

Given that most schools will be closed on election day, November 8, 2016, national banks are not planning to change their work schedule due to the elections. GOBankingRates did not find banks that will be closed on election day, but it is worth calling in advance to clarify the regime ...

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