Q&A :

How can a non resident of US open a US Bank Account?

Please is there anybody with useful hints or information on how to open a US Bank account as a foreigner in the USA?

Bank statement print-out

I have a fairly simple question arising from a fairly annoying situation. I am currently in Canada, I have a Canadian bank account but my main account is in Euros and...

Why isn't *all* debit card activity immediately shown on my online statement?

I’ve noticed that my bank (Wells Fargo) can see some “approval requests” on my debit card that I cannot see online. For example, if I make a T-Mobile...

Why do banks require small businesses to open a business bank account instead of a cheaper personal one?

I understand the need to separate personal finances and the business finances, be it sole-proprietorship or incorporation. I also understand that in the former...

What happens if there are insufficient funds in my checking account when a cheque is deposited?

In my question, there are two accounts involved. I will call the account where funds are being taken from (debited) Account A and the account where the cheque deposit...

Why buy insurance?

I don’t understand why people buy insurances when they know that odds are is not their favor. Is it not better bet to stay uninsured, and save money? I am not...

How do insurance companies calculate cost of replacement, specifically for a bike?

I had my bike stolen from my apartment. My renter’s insurance covers “cost of replacement” for my bike. However, my bike was 8 years old and the model...

How to protect a Stock you still want to own from a downturn?

I have a few stocks on my portfolio that I still like and I still believe I should own. They still meet all my buy signals, so I will still buy them today. However, the...

How can you find out what life insurance a deceased person had?

So it seems like the way life insurance is supposed to work for a deceased person is that the beneficiary is supposed to somehow inform the insurance company of the...

Which types of insurances do I need to buy?

I work in a MNC in India and can save up to Rs.10000 per month. My parents and sister are dependent on me. I like to use this ‘extra’ money to buy insurance...