Category : Business Banking

Many business owners would prefer that you pay with cash, debit card or a check. You might be wondering why certain stores and restaurants do not...

One of the first things you should do when starting a new business is to open a bank account for your business. Keep your business banking...

Chargebacks can be a feature that is beneficial to consumers or one that drains profits, depending on how you look at it. They offer buyers peace...

DEFINITION Retail Banking is the everyday banking between customers and their banks. Retail banks offer basic banking services to consumers, such as checking accounts, savings account, and...

In 2020, 6.51% of non-cash payments were made by check. Checks were used for 6.51% (or a total of 66,560) of all non-cash payment in 2020....

DEFINITION A irrevocable Letter of Credit is a contract between a buyer, usually an importer, and the bank. The bank agrees that it will pay the exporter (seller)...

You can borrow money if you have credit. Credit includes both transactions where you borrow money and those that require you to pay for something immediately...

Remote deposit allows you to make payments without having to send paper checks to the bank or credit Union. You can make faster deposits by scanning or...

You will always be at risk when you buy or sell something, especially if the company you are dealing with is unknown to you. Even if...