Q&A :Banking

Can my bank automatically pay my credit card company without my consent?

I am going through a rough financial period and have not been able to pay the minimum on my credit card, however i noticed that as soon as money came into my checkings...

How can a U.S. citizen open a bank account in Europe?

Since interest rates are higher in the Eurozone than in the U.S., I’m exploring the possibility of opening a Eurozone bank account. For example, ING Direct is...

How to make it harder to access my money

I want to start being more sensible with my money, this is especially hard around payday when I receive a month’s-worth of pay at once. It’s all too easy to...

Are there alternatives to double currency account to manage payments in different currencies?

I get paid in US dollars (USD), but I live in Hungary, where fiorint (HUF) is used. Right now my bank account has two accounts, one in USD, one in HUF. I receive the...

How can I check if any accounts were recently opened in my name

Someone just tried to open a Paypal credit account in my name. I was able to get the account closed and the charges revoked, but now I need to make sure there is nothing...

Which Canadian banks offer Euro currency bank accounts?

I’m looking to open an account in Euros, with a bank situated in Canada. Which banks offer this kind of service?

Why does CDIC insure deposits only until $100,000?

$100K CAD appears a low maximum, esp. for retirees. FDIC does so until $250K USD.

Is there a limit of how much one can get wired to a US bank account from another bank account in a foreign country?

I know about the 10k limit if you deposit cash where you are required to fill out a form. But what about a bank to bank wire transfer? Is there a limit to how much you...

Please help: Is it safe to give this personal and banking information to someone?

Is it safe to give this information to someone? Name of Account Holder: Name of Bank: Bank Account Number: Address of the Bank Branch: Bank Swift Code: Phone Number of...

Moving relatively large amount of money from one account to another

During a summer I worked in Norway and made a decent amount of money (~ $10k). Due to tax reasons, I had to open a bank account there I am now living (and will soon be...