Saving account is a deposit account that can be opened by an individual customer in a bank or financial institution to get a return in terms of interest in his/her deposit balance amount. Saving account is basically opened with the aim to save the money for the future requirement and emergency but not for the daily expenses. That is why a saving account is less accessible than checking account (in which transaction is allowed without restrictions). From bank’s or financial institution’s perspective also, saving account is the focused source of fund to them since this account type provides them the low-cost fund to invest in profitable sectors.

Debit Card is simply a payment card issued by financial institutions to their customers maintaining account (deposit, loan or credit account) with them which is used as cash while making purchases. It is embossed plastic cards also termed as bank card, cash or check card, client card, money access card etc. To use this card limit, one must have account balance equivalent to his/her purchase amount because debit card facilitate only account balance and not credit limit like in credit card. When someone purchase the item, their designated bank account immediately get debit with the amount equivalent to their purchase value through electronic fund transfer system or digital payment system.

Bitcoin is a crypto-currency which is virtual in nature. Bitcoin is just like other currency which can be traded over the internet but has no physical existence. They exist in the form of bits as online currency and that is why called Bitcoin. Bitcoin is as equivalent as any other currencies to do the transaction online. People can buy things, transfer value or do the transaction in many locations using Bitcoins.

Insurance is like securing our life in terms of money. Whether it be life or non life, our intention is to cover the risk, monetize the value of our life or non life and make them secure through the entities like insurance agents or companies. Insurance policy is a contract which is prepared by insurer where every detail of risk coverage is thoroughly written, every terms and conditions are mentioned in it that the insured (the person who takes insurance coverage) will be compensated if he or she experiences a loss that is covered by the insurance policy. For this the insured need to pay certain amount of money which is called premium to get any insurance coverage. So securing ourselves from uncertain financial loss through the entities who provide insurance services whom we said insurer is insurance.

What does credit card mean? How does credit card work? Credit cards Info.The credit card is issued by banks and financial institutions or credit card …

Western Union Money Transfer Review on its history:Western Union (WU) was established long way back in 1851 by founder Ezra Cornell in New Work, Unite…

The fixed deposit can be opened by either the individual as well as the artificial person or the entity.