vania-janet/multiturn-rag-retrieval-data huggingface dataset:
Register an account with multiple transfer services and see who will actually give you the best rate, including any fees charged by the service itself, at the time you want to make the transfer. Research the available methods to get the money into and out of the transfer service to five the lowest cost options, which would ideally be free on both ends. Be patient. It can take a week for money to arrive in your recipients account depending on the methods of getting the money into and out of the transfer service. You might also be called to verify the transaction before it goes through.
I guess it depends on your bank. My bank (Rabobank) recently did introduce this feature. You don't get a card per category, though. Instead you set up rules to match each expenditure to one of the existing pots.
What you're looking for is the 'Transaction Report'. When you're looking at the report (it comes up empty), open the options and click on the first tab 'Accounts'.  Here you can highlight multiple source accounts in the top pane, and filter by the Expense accounts that you are interested in the bottom pane. Here's an example that goes over the process (there are many examples online, I just included the first one that came up in a search).
Reading the plan documentation, yes, that is what it means.  Each purchase by bank debit, whether one-time or automatic, costs $2 plus $0.06 per share; so if you invested $50, you would get slightly less than $48 in stock as a result (depending on the per-share price). Schedule of Fees Purchases – A one-time $15.00 enrollment fee to establish a new     account for a non-shareholder will be deducted from the     purchase amount. – Dividend reinvestment: The Hershey Company pays the     transaction fee and per share* fee on your behalf. – Each optional cash purchase by one-time online bank     debit will entail a transaction fee of $2.00 plus $0.06 per     share* purchased. – Each optional cash purchase by check will entail a     transaction fee of $5.00 plus $0.06 per share* purchased. – If funds are automatically deducted from your checking or     savings account, the transaction fee is $2.00 plus $0.06     per share* purchased. Funds will be withdrawn on the     10th of each month, or the preceding business day if the     10th is not a business day. – Fees will be deducted from the purchase amount. – Returned check and rejected ACH debit fee is $35.00.
Use international transfer (I think it is called swift or something like that). The charges are generally low (fixed charge of around 15 Euros for both sending/receiving banks) and it is generally fast (takes 1-3 working days depending on the country or bank). Choose each bank pays its own costs for the optimal cost otherwise you pay more costs as the whole cost is taken beforehand. There are no capital restrictions in Turkey (yet!). So there shouldn't be any problems.  You could also use HSBC in Turkey, which should have free transfers between HSBC in different countries, if you have HSBC in your home country. But I wouldn't worry about that too much. This is all coming from personal experiences. I'm a Turkish expat having lived in various countries around Europe.
From looking at HSBCs website, it looks like advanced customers are allowed free fund tranfers out of their checking/saving account. I would call the bank to guarantee that the transfers don't face a .5% fee for any outgoing transfer to another brokerage, as listed on this site. However, given that trades are as low as $6.88, I'm not sure she could save much by switching to another brokerage.
This only indirectly answer your question, but Schwab investor checking account has no fee, no minimum balance, and will reimburse all ATM fee (inside and outside the US)
This is a facility called Home Banking, which banks in some locations offer. You do not necessarily have to be super-rich to use it though.  Kotak Mahindra Bank has been offering it here in India for about 10 years now. Other banks have followed suit with similar offerings.  I am not super-rich or anywhere close1, but I have used this facility occasionally when I couldn't visit an ATM or the branch, to either get cash delivered to me, or to deposit cash into my account. The banks do charge a convenience fee for this facility as you might expect, but they waive it off if your average monthly balance exceeds a certain amount. Not sure about how it works in other countries, but here in India, if you have an account with one of the top customer-friendly banks, this facility is as mundane as a cheque book or a debit card.  1 If I were, I probably wouldn't be posting here. ;-)
If bank B has a transfer limit set, you bet that there is a nice reason for that. Either risk of fraud, liability, client preferences, profiling, credit scoring, etc, etc. For a bank, the cost of denying something [1] is way lower than the potential damages and liabilities of allowing something to go through.  Regarding your concerns for the ACH, here is the summarized transaction walkthrough source: An Originator– whether that’s an individual, a corporation or another entity– initiates either a Direct Deposit or Direct Payment transaction using the ACH Network. ACH transactions can be either debit or credit payments and commonly include Direct Deposit of payroll, government and Social Security benefits, mortgage and bill payments, online banking payments, person-to-person (P2P) and business-to-business (B2B) payments, to name a few. Instead of using paper checks, ACH entries are entered and transmitted electronically, making transactions quicker, safer and easier.  The Originating Depository Financial institution (ODFI) enters the ACH entry at the request of the Originator.  The ODFI aggregates payments from customers and transmits them in batches at regular, predetermined intervals to an ACH Operator.  ACH Operators (two central clearing facilities: The Federal Reserve or The Clearing House) receive batches of ACH entries from the ODFI.  The ACH transactions are sorted and made available by the ACH Operator to the Receiving Depository Financial Institution (RDFI).  The Receiver’s account is debited or credited by the RDFI, according to the type of ACH entry. Individuals, businesses and other entities can all be Receivers.  Each ACH credit transaction settles in one to two business days, and each debit transaction settles in just one business day, as per the Rules.  Take heed of this like:  The Originator initiates a direct deposit/payment transaction. In your scenario, the originator would be B. But since the transaction amount is higher than the limit, B would not even initiate the ACH transaction. The request would be denied. So the transaction would look like this: [1] Usually this cost comes down to just the processing costs of the denied transaction (and it is rather fail-fast like). For the other parties involved it may have additional costs (missed deadlines, penalties for not fulfilling an obligation, fines, etc), but for the bank that is irrelevant.
It is absolutely worth it.  My wife and I have two of these accounts (different banks).  We are required to use our cards 20 times for one bank, and 15 for the other.  We have yet to miss the required transactions in a month (over 15 months of use now), and are actually considering getting a third account.  Between the two of us, we simply have to use our card on average once a day. Getting gas? Use your debit card. Getting stamps? Use your debit card? Self checkout? Use your debit card twice. Eating out? Use your debit card. If married, split the bill. As soon as we reach the minimum, we stop using the debit cards and switch to credit cards to further boost the rewards.  Maybe it's easier for us since we don't have kids and are out a lot, but 12 transactions is really simple to obtain.  We receive ~$100 a month from our two accounts, all for doing something we already do.
Is it possible to open a GBP bank account in Pakistan ? Yes you can. Quite a few Banks offer Foreign currency accounts in GBP [or USD or EUR, JPY] Are there any risks in doing so ? Generally no. As per Protection of Economic Reforms Act (PERA) of 1992 and foreign currency accounts (protection) ordinance 2001 the funds are protected and you can move them back out of Pakistan any time. However if you are looking at investing into property and then selling it after few years, there maybe difficulties in such transactions and consult a tax advisor familiar with such cases. All money is legit with bank statements of my pay which is between 35K and 40K per year, am I going to have any trouble at airport as limit is £7K only Carrying cash of this amount is generally not advisable. It is best to do a Bank to Bank transfer. You can visit one of the Pakistan Bank that has branch in UK [say Standard Chartered, Citi, HSBC, etc]. They should be able to open account with transfer of funds. There is no limitation on carrying foreign exchange in cash when you enter Pakistan. However when you are travelling out of Pakistan you can only carry USD 10,000 or eq. per person.
Withdraw your savings as cash and stuff them into your mattress? Less flippantly, would the fees for a safe deposit box at a bank big enough to hold CHF 250'000 be less than the negative interest rate that you'd be penalized with if you kept your money in a normal account?
"I believe the answer here is no: SIPC protection of customers with multiple accounts is determined by ""separate capacity."" Each separate capacity is protected up to $500,000 for securities and cash (including a $250,000 limit for cash only). Accounts held in the same capacity are combined for purposes of the SIPC protection limits. So even having 2 individual accounts - you would only be covered for $500,000/$250,000. You can see more about the type of accounts that would give your more coverage here. Also note: If you own a stock - the record probably exist.  Therefore you would not lose your ownership or shares.  The SIPC is there to protect the times this does not happen."
The easiest options appear to be to open an account with one of the large multinational banks like Citi. They have options such as opening two separate checking accounts, one in each currency, and Citi in particular has an international account that appears to make mutli-currency personal banking easier. All of the options have minimum balance requirements or fees for conversion, but if you need quick access this seems to be the best bet. Even if this is a one-time event and you don't need the account, a bank like Citi may be able to help you cash the check and get access to the funds quicker than a national or local bank. http://www.citibank.com/ipb-global/homepage/newsite/content/english/multi_cap_bank_depo.htm Alternatively if you know anyone with a US bank account you can deposit it with them and take the cash withdrawal from their account, assuming they agree, the check isn't too large, etc.
It's a regular savings account and I don't think there is a 'catch'. Just keep in mind that the transfer to and from the account can take a couple of days (yes, I've actually got one of their savings accounts).
"A savings account and a checking account (or a ""demand"" account, or a ""transactional"" account) have different regulations.  For example, fractional reserve requirements are 10% against checking accounts, but 0% against savings accounts.  The theory is that savings accounts are sticky, while checking accounts are hot money. So the Fed wants to stop banks from creating accounts that are regulated as savings accounts but have the features of checking accounts.  In the past, this was done by forbidding banks to pay interest on checking accounts.  They eliminated that rule back in the inflation years, and instead imposed the rule that to qualify as a savings accounts for regulatory purposes, banks must discourage you from using them as transactional accounts.  For example, by limiting the number of withdrawals per month that can be made from a savings account. If the Fed gave up on trying to enforce a distinction, I suspect there would soon no longer be a distinction."
A 2.5% fee is standard, and you're not likely to avoid a transaction fee when withdrawing cash from an ATM.  You'd do better to get foreign currency before leaving the US, or to use a credit card abroad.  Capital One has a credit card with no fee on foreign-currency purchases, for example.  Another option is to open a bank account in the foreign currency, if you go to a particular country often enough to make it worthwhile.
"From personal experience of having been abroad for a while for work, I found the simplest method to be to Paypal it to myself from one country to the other. Yes, you incur a transaction fee - but it was always less expensive than ""real"" bank fees for me. Also - if you use a bank that has offices in both countries, adding an authorized user with a debit card and having them visit the bank every X often and making a withdrawal is a viable route."
Pay attention to nickel-and-dime charges (atm fees, low balance fees, limit on atm transactions per month, charge for human teller transaction, charge for paper statements or tax records).  Consider that a financial company will spend on the order of $100-500 to sign up a good customer.  Are you getting this in a cash bonus, competitive high interest rate, reasonable other gift, or advertising directed at your eyeballs?  A variation in rates less than 1% easily fits into a marketing cost and there doesn't have to be any other magic to it.
Banks make money by charging fees on products and charging interest on loans. If you keep close to a $0 average balance in your account, and they aren't charging you any fees, then yes, your account is not profitable for them. That's ok. It's not costing them much to keep you as a customer, and some day you may start keeping a balance with them or apply for a loan. The bank is taking a chance that you will continue to be a loyal customer and will one day become profitable for them. Just be on the lookout for a change in their fee structure. Sometimes banks drop customers or start charging fees in cases like yours.
Try and save up for another month's expenses in your emergency fund, but while you are doing so begin building what is called a ladder of CDs.  Tomorrow is April 1, so open a three-month CD (yes, the rates are abysmal but better than money-market fund rates) with one month's emergency fund. Repeat the process on May 1. So now you have two CDs maturing on July 1 and August 1. On June 1, take whatever of that extra month's expense you have saved up and open yet another three-month CD.  On July 1, re-invest the proceeds of the first CD into a new three-month CD. Ditto on August 1. On September 1, add the additional savings towards the additional month that you managed to make to the smaller CD to bring it closer to one month's expenses. Lather, rinse, repeat. You will, I hope, soon be in a state where you will have four months of expenses in your emergency fund: one month on hand for immediate use if needed right away, and three months of additional expenses becoming available in 30 days or less, between 30 and 60 days, and between 60 and 90 days.
There's no catch. Banks need to acquire customers just like any other business. One common way to acquire new customers is by advertising on the radio, TV, print, etc. Another common way to acquire new customers is by offering incentives like the one you linked to. Basically, PNC is confident that they will make more than $100 in profit over the entire lifetime of a customer. This is a very reasonable assumption, considering that:
Each major app / business line would have its own DB, so you multiply that by 2x-20x depending on the bank, especially if it's arrived at its size by merging with other banks and has dozens of inherited legacy systems. multiple backups. Regulatory backup requirements means you don't just back up your data once a year. You do it daily, till the data is purged from DB. Meaning, you don't store ONE copy of your transaction in backup. You stored, say, 10*365 copies, assuming 10 year retention) So, at the low end, your cost estimates are 30*2*2*2*2*2 = 900 times off (3 orders of magnitude) just for live database storage, and 3500 times off for backup costs. At the high end, they could be 50*5*2*4*4*20=16,000 times off (4-5 orders of magnitude) At this range, no, it isn't worth it for the bank to keep your transactions available in DB and online any longer than bare-bones absolutely critically necessary.
You can use an intermediary online bank account.  For example, ING Direct has the ability to link to other real banks.  You can link to both your old and new banks. Once linked, transfer the money from old bank to ING.  Then transfer from ING to new bank. There are delays, and you can't transfer directly from bank-to-bank, but this should work, and should be free. The same concept should apply for something like PayPal or another online financial service.
I found out by logging in to their Web site and seeing a balance of zero dollars; they had imposed the fee a few statements back, and I had missed it, so they kept debiting my account until it was empty. At this point, I do about 90% of my banking at a fairly large credit union. I have a mortgage with a big bank, but that was out of my hands, as the lender/originator sold the mortgage and I had no say in the matter. My credit union has a highly functional Web site, permits me to download my account activity to Quicken, and even has mobile apps which allow me to deposit a check by taking a picture of it, or check my account activity, etc. They (my credit union) are part of a network of other credit unions, so as long as I am using a network ATM, I never pay a fee. In sum, I can't see any reason to go with a bank. Regarding checks, I write a small number of checks per year, but I recently needed to reorder them. My credit union refers members directly to Harland-Clarke, a major-league player in the check printing business. Four boxes of security checks was around $130 plus shipping, which is not small money. However, I was able to order the very same checks via Costco for less than half that amount. Costco refers members to a check printing service, which is a front/subsidiary of Harland-Clarke, and using a promo code, plus the discount given for my Costco membership, I got four boxes of security checks shipped to me for less than $54. My advice would be to look around. If you're a Costco member, use their check printing service. Wal*mart offers a similar service to anyone, as does Sam's Club, and you can search around to find other similar services. Bottom line, if you order your checks via your bank or credit union, chances are you will pay full retail. Shop around, and save a bit. I've not opened a new account at a credit union in some time, but I would not be surprised if a credit union offered a free box of checks when you open a new account with them.
I've done this for many years, and my method has always been to get a bank draft from my Canadian bank and mail it to my UK bank. The bank draft costs $7.50 flat fee and the mail a couple of dollars more. That's obviously quite a lot to pay on $100, so I do this only every six months or so and make the regular payments out of my UK account. It ends up being only a couple of percent in transaction costs, and the exchange rate is the bank rate.
Converting fideli comment to answer I don't think any Canadian bank offers this capability for online banking. However, there seems to be a fierce push right now at most banks to improve their online banking platform so they may be open to the suggestion of guest accounts
The laws about this changed in 2010 with the new Overdraft Protection Law HR 1261.  § 140B. (c) Consumer consent opt-In.—A depository institution may   charge overdraft coverage fees with respect to the use of an automatic   teller machine or point of sale transaction only if the consumer has   consented in writing, in electronic form, or in such other form as is   permitted under regulations of the Bureau. Now when you sign up for a bank account you have to opt in to overdraft coverage (the bank transfers funds from other accounts to cover overdrafts), or overdraft protection (the bank simply bounces NSF checks).  I'm pretty sure you could always set this option on your account, but banks were defaulting everyone's account that didn't think to ask such that overdrafts got paid and incurred fees. The law now prohibits them from using that as the default option.
Looks more like an idea for a business rather than an actual business -- especially since it hasn't even launched. That said, it does have its merits. What bank actually holds the deposit funds becomes irrelevant, and may actaully change from time to time as they forge better partnerships with different banks.  Think of it like a mutual fund -- the individual stocks (if there are stocks) in the fund are less important than the balance of risk vs. income and the leveling of change over the course of time. It offers services banks offer, without fees (at least that is the proposal) with the addition of budgetting capability as well. It does have downsides as well There is an increased level of indirection between you and your money. They propose to simplify the banking business model, but in fact are only hiding it from you.  The same complexity that was there before is still there, with the added complexity of their service on top of it.  It's just a matter of how much of that complexity you would have to deal with directly. With that in mind, I would reiterate that they are not a business yet -- just a proposed business model.  Even the sign up process is a red flag for me.  I understand they need to gauge interest in order to forge initial relationships with various banks, but I don't see the need for the 'invitation only' sign up method.  It just sounds like a way to increase interest (who doesn't like feeling exclusively invited), and is a bit too 'gimmicky' for my taste. But, like I said, the idea has merit -- I have my reservations, but will reserve full judgement until they are an actual operating business.
"The answer is, unfortunately, along the lines of ""it depends"". It does depend a little on the bank - I've had a US bank account for years before moving to the US, and I didn't have an SSN or any status when I opened the account. What I did have however was an address in the US that they could send the statements to, and proof that I was living abroad (oh, and US citizen wife that had an account with the same bank). Not all banks will open a bank account for a foreigner with no status in the US, but it is generally possible. You will have to check with several banks and basically have paperwork showing your foreign address and proof of id (passport, possibly a drivers license as well)."
"According to the following article the answer is ""first-in, first-out"": http://smallbusiness.chron.com/calculate-cost-basis-stock-multiple-purchases-21588.html According to the following article the last answer was just one option an investor can choose: https://www.usaa.com/inet/pages/advice-investing-costbasis?akredirect=true"
All institutions, financial or otherwise, seek to maximize profits. In a free market, each bank would price its services to be competitive with the current state of the market. Since the currency conversion fee is generally a small part of the decision as to which bank to choose, banks can be non-competitive in this area. If this is an important consideration for you then you would need to find a bank with a lower conversion fee, but be prepared to have higher fees in other areas. TL;DR: The market bears it.