vania-janet/multiturn-rag-retrieval-data huggingface dataset:
"What are the fees associated with changing the new loan? Are those fees worth the peace of mind? If so, than it is not ""crazy"".  The decision really boils down to that: is it worth the money that you will spend refinancing the loan to not have to deal with the original bank that financed your loan, assuming that you find an institution that will be more amenable to your financial expectations."
Here are some options: Park your money in a bank that works best for you.
From personal experience, I can tell you that bank account numbers are not unique.  Someone from another branch of my bank was able to withdraw money from my account at my branch because they had the same account number.  You are supposed to enter your branch number on the withdrawal slip in front of your account number.  The person who got my money did not do this.  Because it was at my branch, the teller debited my account for the transaction.  I caught this on my monthly statement and immediately complained to my branch manager. He was able to retrieve the withdrawal slip and saw what had happened.  He credited my account and said he was going to talk to the teller who should have asked for the branch number and/or should have noticed that the name and address on the withdrawal slip did not match those on my account.  I would not have thought that the bank would allow this situation considering how many numbers are available to assign but they did.
There's no need to move it to a different currency, but if your bank is in Portugal, Ireland, Italy, Spain or Greece, you might consider moving it to a different Eurozone country. Finland, Austria, Germany or the Netherlands seem safest at present. There's a small risk of a forcible Eurozone exit followed by redenomination of bank deposits into a new currency that will immediately collapse.
I am assuming that you are talking about rolling a 401k over to an IRA since if you were rolling over to another 401k you probably would not have a choice as to where it would be. Ameriprise will generally have lower fees than JPMorgan. (Probably why your husband's mutual fund is with Ameriprise.) Additionally having both accounts with Ameriprise will better allow them to assist you with your long term financial planning. For these two reasons I would recommend rolling your account over to Ameriprise.   No, I do not work for Ameriprise
Given that we live in a world rife with geopolitical risks such as Brexit and potential EU breakup, would you say it's advisable to keep some of cash savings in a foreign currency? Probably not.  Primarily because you don't know what will happen in the fallout of these sorts of political shifts.  You don't know what will happen to banking treaties between the various countries involved. If you can manage to place funds on deposit in a foreign bank/country in a currency other than your home currency and maintain the deposit insurance in that country and not spend too much exchanging your currency then there probably isn't a downside other than liquidity loss. If you're thinking I'll just wire some whatever currency to some bank in some foreign country in which you have no residency or citizenship consideration without considering deposit insurance just so you might protect some of your money from a possible future event I think you should stay away.
"That is called ""substitution of collateral."" And yes, it can be done, but only with consent of the lender. The ""best case"" for this kind of maneuver is if the second house is larger and more valuable than the first. Another possibility is that you have two mortgages on the first house and none on the second, and you want to move the second mortgage on the first house to the second one, effectively making it a ""first"" mortgage. In these instances, the lender has a clear incentive to allow a substitution of collateral, because the second one is actually better than the first one. The potential problem in your case, is if the second house were more expensive than the first house, you could not use the sale proceeds of the first house as to buy the second house without borrowing additional money. In that case, a possible solution would be to go back to the lender on your first house for a larger mortgage, with the proceeds of that mortgage being used to retire the earlier mortgage. Depending on your credit, payment record, etc. they might be willing to do this."
The 'standard' thing to do, after double checking your numbers to see if you can find or remember the actual reason for the discrepancy is to use an Income account for 'extra' money and an expense account for 'lost' money. The Imbalance account is meant as a temporary placeholder for monies not yet put into their right account. I personally use Income:Other Income for such found money, and Expenses:Adjustment for lost money.
In India, transferring to other banks is available mostly on Internet banking. Some banks are offering Transferring option within the bank in ATMs. You need to visit the bank branch to register and activate this Transfer option for intra-bank accounts.
WFC shareholder here. I bought up a ton more during last summer's scandal. The reason people don't switch banks is because it's a huge pain in the ass. Take myself for example. I have a savings, checking, credit card, and brokerage through them. If I were to change, Id have to pull all my money out, put it into a new bank, and resetup all my autopayments. Im not even sure how my brokerage account would work. Would I have to sell everything to move it? And face a huge tax liability? Im not sure. It's really just not worth it to me.  And the more money you have with a bank, the less likely you are to do it.   When I was younger, I switched banks 3 times. I had money in two different banks, and switched them to a credit union. Then the credit union pissed me off, so I pulled all my money out and switched to Wells Fargo. But that was when I was still a teenager so my accounts werent very complicated yet.
Well, it seems you can't answer the question. Perhaps the difference in types of banks isn't so dry, is it, you dumb fuck.  But go ahead an double down on being an ignorant idiot who thinks he knows it all. If you get into politics it will serve you well.
There is nothing to worry about. There is absolutely nothing unusual about moving money between your own accounts, even if they are in separate financial institutions. I moved $200,000 when I was getting ready to by my house; I have moved similar sized chunks for other purposes. A large transfer may get some attention to make sure you aren't doing anything illegal with the money and aren't being scammed... but if the transaction is legitimate, that attention is harmless.
First, make sure you are contacting the bank directly - use an old invoice you have on hand with a phone number direct to the bank and call them.  Do not use the provided number, or you may wind up being pulled into a scam (It is entirely possible that the bank is also confused at this point - so you should not rely on the number provided at all). Second, once you can confirm that your account is being closed, find out when it is being closed so you know when you need to act on it - it's possible you still have access to your account, and do not need to launch into a panic just yet.   Third, get the bank to explain exactly why they are closing your account - make it clear that if they cannot explain, you will be forced to transfer to a new account and close business with them permanently - this is not a threat, this is a matter of fact because... Finally, if you cannot keep your account open, find a different bank and open up a new account.  Frankly, if your current bank is closing your account and only managed to get a letter out to you a month late, you should probably find a new bank.  If instead they simply cannot figure out if your bank account is closed or not, this is also a bad sign and you may want a new bank account anyway.   But please, go through these steps in order, because you need to verify with your bank what is going on.   Keep @Brick 's answer in mind as well, in case you need to get your money out of your account quickly.
This kid gives a good summary of the silver market as it currently stands, and why you should own the physical:  https://www.youtube.com/watch?v=oAK9ohz9h7M  But yes, you will do well to have bank accounts in China and Switzerland, diversifying into yuan and francs... and also jurisdictionally diversifying.
My daughter is two, and she has a piggy bank that regularly dines on my pocket change.  When that bank is worth $100 or so I will make it a regular high yield savings account.  Then I will either setup a regular $10/month transfer into it, or something depending on what we can afford. My plan is then to offer my kid an allowance when she can understand the concept of money.  My clever idea is I will offer her a savings plan with the Bank of Daddy.  If she lets me keep her allowance for the week, I will give her double the amount plus a percentage the next week.  If she does it she will soon see the magic of saving money and how banks pay your for the privilege. I don't know when I will give her access to the savings account with actual cash.  I will show it to her, and review it with her so she can track her money, but I need to know that she has some restraint before I open the gates to her.
Here's an unconventional approach: If you really need the money you can always call the bank or go to one of their branches and get new login credentials after some kind of formal process like proving that you are in fact the account holder. Since it will be a hassle to get the credentials you will not do it if it's not necessary. In germany the banks all use transaction authentication numbers (TAN) that you need to authorize a transfer. If there is such a thing in UK you can just throw the TAN list away. This way you can still check your savings balance but you cannot transfer the money without requesting a new TAN list which takes time and effort.
Most people who have over $250,000 in liquid cash savings would not want to start putting their money into regular savings accounts in different banks, especially with interest rates as ridiculously low as they are now in 2014-15.  People with money will want to diversify their investments in ways that will potentially earn them more money, and they can also afford to seek the advice of financial planners who can help them do this wisely. Even if you decide to put $250,000 into various accounts at different banks, I wouldn't necessarily trust that the FDIC will be able to help you recover your money in the event that your banks go under.  The amount of money available to the FDIC to cover such losses pales in comparison to the actual amount of money that Americans have in their bank accounts.
IBAN is enough within SEPA and it should be so for your bank as well. Tell them to join our decade, or change bank. I received bank transfers from other continents to my SEPA account in the past and I don't remember ever needing to say more than my IBAN and BIC. Banks can ask all sorts of useless information, but if your bank doesn't have a standard (online) form for the operation then it probably means you're going to spend a lot.
I think it really depends on how much you take out of your Nationwide account each month. At a certain point, it will become cheaper just to transfer your monthly rent + living allowance via an international bank transfer or using one of the currency transfer services like xe.com or Hifx. You will have to pay fees either way and/or you'll end up with a forex spread. If you have got enough money in your UK account to cover several months' worth of expenses in Germany, I would be tempted to make one big transfer every few months instead of a a monthly one; anything more than once a month is probably going to be too costly either way. It might also be worth comparing the transfer fees charged by the various banks, when I lived in the UK and had to regularly send money to Germany I found there was a massive difference between different banks for essentially the same service.
It's hard to be disciplined when the money is right there to be spent. So what you should do is have two bank accounts. One for savings and one for spending. Figure out how much you need to spend per week and have your pay automatically deposit that much into the spending account and divert the rest into these accounts.  Never touch your savings account unless it is an emergency or whatever. In fact, if you really want, you should put it as a termed deposit which you can't touch. As the only thing you see is your spending balance, you'll be forced to get used to living within your means. After a while, you're going to forget that you have that savings account at all.
I used to be both a customer of theirs, and of NetBank.  When ING bought NetBank, I felt like they handled the transition very poorly from a customer-service standpoint.  I felt like they didn't really value me as a customer, and they didn't do anything to make the transition easy for me. For that reason, I decided to pull my money out from all of my accounts I had with them, and I have never looked back. I now get considerably better rates with a high-yield rewards checking account at my local brick & mortar bank.  I am still able to pay bills online, or mail checks into my local bank if I don't want to physically go to a branch or ATM.
A currency broker will give you the closest rate to the interbank rate. Retail banks and money transfer companies take a spread (the difference between the interbank rate and the rate that they charge you) that is significantly higher than a broker. So search for a broker and get quotes for the amount you wish to transfer.
Are you actually supporting both your mother and father? Is the account joint? Is your mother aware of the gift and has control over the money same as your father? If you cannot answer (and provide support) yes to all these questions, then I doubt you could make such a claim. If the fact that the bank account is only in your father's name is a mere technicality for whatever reason, and the money is in fact intended, controlled by and benefits both of your parents, then I believe you can. See more details about gift tax in the IRS publication 950.
The simple answer is to not close your American bank accounts - or if you have already done so, open one. Make sure it allows for internet banking, and use it to pay all your bills. Periodically move some money from your Canadian account to your US account to cover the bills. I have done this between Canada and the UK for fifteen years now. An alternative is to set up a USD account at your Canadian bank.  Most organizations will happily mail your bills abroad, unless the bills are actually associated with an address, like a utility - in which case you should get the person living there to take care of them. Much better is to use electronic billing for everything.
I would also check into whether you can keep using your credit card instead of switching to a debit card tied to your checking account.  The credit card provides you protection from someone wiping your account out.  Most banks will help you get the money back if this happens while using a debit card.  But you are out the money while the bank figures out who is wrong.  In the credit cards case none of your money is actually taken from your account while you dispute the charge. I also agree with the others that having all your money in one account is more difficult to keep real spending money separate from emergency fund money.
I do this, and as you say the biggest downside is not having a separate account for your savings.  If you're the type of person who struggles with restraint this is not for you. On the other hand this type of account gives more interest than any other type of US Checking or Savings account I've seen, so you will benefit from the interest.
"I think that your best option is to use the internet to look for sites comparing the various features of accounts, and especially forums that are more focused on discussion as you can ask about specific banks and people who have those accounts can answer. ""Requests for specific service provider recommendations"" are off-topic here, so I won't go into making any of my own bank recommendations, but there are many blogs and forums out there focusing on personal finance."
If you're looking for cause-effect, applying for another card won't matter at all if you're not paying any interest, or not looking to get another installment loan for which the rate you get depends on your credit rating. If you are looking to get another installment loan, then having more credit at your disposal might hurt a small amount.  I wouldn't want to cancel your oldest card.  The GEMB card looks like a good candidate if you want to cancel because you're not using it, and it's a relatively new card.
Bank A only care about the credit limit at Bank B when determining the maximum amount of credit they will grant you.  In theory you might be able to convince them that by cancelling the other card they should increase the limit on their card.  Of course since you owe too much money to do a balance transfer before the cancelling of a card you will need them increase the limit first. They will have to decide if your income, credit usage history, credit core, and age of your account with them justifies the increase. I don't think you have a good plan for using the increased debt, it is way to risky. But if you have enough income to save 3K a month you might be a good candidate for a higher credit limit.
Uh, Quicken is virtually identical to MS Money. If you liked money and don't want to change, use that.
Unfortunately, I can't simply write a check. Why not? Getting a certified check or a money draft from your original bank would be the safest way of transferring money.  You can also get it wired directly -- talk to your new bank and see if they can get something set up for you.
When traveling you can use any flavor of credit card or exchange usd to local currency. When you move, just switch to a new local credit union. Leaving big banks for a credit union might not personally give you a different experience, but at least you can know you're not supporting scum.
I want to transfer around $2000 to another bank account (which is under my name ) in India. As much as I know you cannot instruct to transfer money from your travel card to a Bank Account. You can withdraw cash at ATM or swipe it. On return you can encash the balance. Will this have any tax implications? The money provided to you by the company is meant as an allowance for your expense in US. As per law any money you save and not spend has to be declared as additional income and taxes paid accordingly. Is there any difference if I send it to my parents account? There is no difference if you transfer the funds to your account or to your parents accounts or keep the cash. If you haven't spent the allowance, its additional benefit and taxable.
Another reason for banks to push this is sitckyness.  Once you have all of your bills setup, its more trouble to change banks.  This reduces the customer turnover rate, which lowers their costs.
If both cards have the same interest rate, there's likely no practical difference here. Very likely, the required minimum payment is calculated the same on both cards. Pay off one card and put the rest on the other, or split the payment across both cards. My personal preference would be to entirely pay off one card and put the rest on the other. It feels like a bigger accomplishment. If one card has a significantly different interest rate, obviously you'd try to pay that one down first. Alternatively, if you owe less on one card, you may choose to pay that off and then cut up the card, if you are trying to recover from a poor financial situation. This way, you have achieved a specific goal. But again, in your case, it sounds like your two cards are entirely interchangeable. Either way you do it, well done on putting your money where it'll make the most difference right now.
If you apply for a mortgage with someone other than your current / savings account provider, they will not have access to this level of information.  They will pull your credit report, which contains information about debts and credit cards (repayments, amount borrowed etc.) and overdrafts, as well as anything like CCJs against you, but has no information about current or savings accounts other than who your main current account provider is. You can (and should) check your credit report yourself, to make sure there's nothing incorrect on there. This only costs a few pounds and you can find out about how to do this from the 3 main agencies here: https://www.moneyadviceservice.org.uk/en/articles/how-to-check-your-credit-report If you apply for a mortgage with the same provider that you use for your current account and savings account, they could theoretically look at your account usage history in this level of detail. However, I would be very surprised if they had a problem with the type of activity you describe. They'll be looking more at whether you have regular income into your account, whether you have frequently gone overdrawn without permission, etc. Moving money around between accounts or having a fluctuating savings account balance is not even slightly a red flag.
With a lot excess cash you eventually have two goals: Since interest on cash bank deposits does not exceed inflation and you have currency risk, you may want to get into other asset classes. Options that might be, but not limited to are:
If you can get to a physical branch, get a cashier's check (or call them and have them send you one by mail).  When they draft the cashier's check they remove the money from your account immediately and the check is drawn against the bank itself.  You could hold onto that check for a little while even after your account closes and you make other arrangements for banking. If you cannot get a cashier's check, then you should try to expeditiously open a new account and do an ACH from old to new.  This might take more days to set up than you have left though.
When I moved banks.  I had my old bank cut a cashier's check.  It isn't a check you write. They write it and give it to you.  I then took the cashier's check to my new bank to deposit it.
I'm not an expert, just giving my opinion. If you are an owner of a bank account that does not make you liable for their debts unless also cosign on their loans. I would in this join custody of the if only to assist your parents in financial decision making.
they may be willing to issue mortgages with smaller deposits, but may take longer to make a decision That cannot be farther from the truth. If you are getting a mortgage on a smaller deposit, you will be paying a higher interest rate. Time to take a decision depends very much on your credit situation, earnings, spending and the amount of loan you want to avail of. advantages and disadvantages compared to banks today Nothing specifically that is obvious. You deposits are guaranteed by FSCS, which is primarily everybody's biggest concern. One thing I did observe was they generally have saving accounts which pay better than the big banks, but that is for one to compare and find out.  In ownership structure you own a part of the building society because you are a member by having an account(bank/mortgage) with them. Not the case with a big bank though unless you own any shares. You can make a case for the difference of the big bank's multiple business as compared to a building society.