Category Archives: Banking

Banking

4 Reasons To Choose Local Banking Over National Banks

There are traditionally two different types of banks to choose from. Instead of choosing a national bank that has locations all around the country, a neighborhood bank can provide you the same services. Many reasons exist for opting for local banking, which is why you need to be careful about getting the advertising of what a national bank offers.

1. Local banks provide better loans. When you’re trying to get a loan, you may find it easier to obtain one through a neighborhood bank as opposed to a national bank. The reason for this is because they understand the challenges of local businesses and residents.

2. Interest rates are better. When you’re looking for a high rate for your savings account, checking account or even a CD, you may find that the rates are higher when you bank locally. Local banks often don’t spend a lot of money on advertising. Instead, they use that money to pay higher rates to their customers.

3. Customer service is friendlier. National banks have countless clients. It’s impossible for the bank to know who you are. As a result, you become just a number. A neighborhood bank will be able to get to know you and your family and bend the rules easier.

A local bank does not have corporate headquarters to answer to. The benefit is that they aren’t as strict with their policies and procedures, which is often to your advantage. This means that you will get more customized service when you talk to anyone at the bank about any financial concerns you have. Many will take the time to sit down and talk to you like a real person instead of treating you like another account number.

4. Fees are lower. The neighborhood banking centers have lower fees on checking accounts. This includes fees on transactions, use of a debit card and even with checks. They must do this in order to compete with the other banks effectively. As a result, many customers would rather save money on a day to day basis with their bank than having a bank branch in every city of the country.

When you are looking for a new bank to do business with, there are options out there for you to consider. While a national bank does a lot of advertising, it isn’t always the best route to take. There are a number of reasons why it is better to choose local banking over national banking. The customer service alone can be worth it. However, the better interest rates, better loans and better fees certainly don’t hurt, either.

 

Julian Bradshaw wanted to find a Colorado bank that had everything he needs including free checking, mobile banking and more. Guaranty Bank and Trust Company is the place to go for personal and business banking in Colorado.

Banking

Mobile Banking – Your Bank is now Always Accessible

The age of online banking has come and has evolved into something more personal than before – Mobile banking. With this, the banks have helped ease the process of banking for everyone owning a Mobile with Internet connection. The advent of faster mobile connectivity technologies such as 3G and emergence of 4G has helped the mobile banking industry gain leaps and bounds.

Major banks provide this facility to their customers on a free to use basis. This facility enables you to access your bank account from anywhere in the world at any time provided you have a mobile phone that supports internet connectivity.

The encrypted platform in the phones enables a safe and secure banking experience. Jump into the new age of banking. This trend of banking is fast catching on in India with a majority of people accessing their account information using their mobile phones. The infrastructure is definitely present to support a larger user base.

So use this opportunity to experience world class banking through the flexibility and ease of your mobile phones!

The advent of faster mobile connectivity technologies such as 3G and emergence of 4G has helped the mobile banking industry gain leaps and bounds.

Mobile banking provides the same facilities that online banking does such as:

· The ease of accessibility – Anytime, Anywhere banking
· Viewing account details across various accounts such as – Term Deposits and Investments
· Sending and receiving money from your mobile instantly using safe and secure services provided by the bank.
· Payment of utility bills
· Investing and or redeeming mutual funds from anywhere in the world.

The encrypted platform in the phones enables a safe and secure banking experience. Jump into the new age of banking. This trend of banking is fast catching on in India with a majority of people accessing their account information using their mobile phones. The infrastructure is definitely present to support a larger user base.

Most banks have cards such as the regular card, the gold card, the titanium and the platinum card. The higher the card value, the more privileges are attached with the card with freebies and premium benefits.

Most regular credit cards are given free of charge to the holder i.e. there are no annual charges or fees attached to holding the cards. If a customer intends to go for a higher value credit card such as a titanium or a gold card, he might be levied a surcharge such as an annual fee of subscription.

So use this opportunity to experience world class banking through the flexibility and ease of your mobile phones!

Vijay K Shetty, Get more information on Mobile Banking, Online Banking System

Banking

Bank Jobs ? Resume Writing For Banking Sector

In my life I have listen many times a famous quote which is, “first impression is the last impression”. This is actually a very true line! The first presentation is your resume to an employer. Resume shows your personality and it has the summary of your present and past skills. When you get an interview call, it means something special in your resume which attracts the eye of your targeted employer for bank jobs.

One thing that you need to keep in mind while writing your resume for bank jobs is that, the resume is about YOUR objectives, YOUR qualifications and YOUR experience etc. In short, it is about YOURSELF! Banking is one of the first choices for students because of its high status career, security and great salaries. A good banker is supposed to have good communication skills (written and verbal) that are required in effective dealings with the clients as well as with the staff. In fact today, good communication skills has become an vital part in most of the job fields but in Banks it’s a matter of Centralized value and is a basic substance for a candidate who wishes to get doorway into any of the private or public sector banks of the country.

People are in very hurry to get Bank jobs when they have unmatched skills with the bank’s requirements. The secret to making a resume that no bank will think about rejecting your CV is to show them that you are in sync with them without compromising on your individuality. There are several small resume writing guidelines that can assist make your CV effective. Here are some instructions to boost up your resume for jobs in bank.

Banking executives always calm and calculated in their work, so write your resume in a very relax and not in a hurry.
First you should have to research thoroughly on the bank that you are applying to and rewrite your resume according to the specific bank.
Huge mass of writing in resume sending is obvious and will not appreciate.
Have you heard the line? “Honesty is the best policy” Do not write untruth in your resume about your experience or qualifications. It is a bank you are applying to, they always verify all the information (it’s in their nature!).
Write your career objective keeping the bank objectives in mind. Don’t skip the job and career objectives in resume as it is very important. Because this will craft a relationship with your interviewer before he even meets you.
As resume is your first impression, make it professional. Professional means, it should be in:

a) Font should be Simple or uniform like Arial or Tahoma.

b) Use one color for font like Black or Gray Color.

c) Should be Aligned and Justified.

d) Write a brief description of your past working experience.

e) Don’t criticize your previous organization in your resume.

Keep your interests economics-related to banking fields as far as possible.
If reading, movies and music are your interests, don’t feel shy to mention it (stand by it in the interview if you are questioned, they are also fine interests!)
Research the bank, its work atmosphere, culture etc can also be written in your interest.
Write all your information in brief, like email address, address, contact number etc. It will be easy for them to reach you.
Skip the irrelevant or short-period experiences. Too many short term experiences may show your bad experience. That could be negative sight by the eyes of employers.
Volunteering and Internships are also respectful for your career; because it shows that you have the potential to learn something for your better career, so don’t forget to mention it.
No need to mention your religious affiliation in your resume. (In big banks they just want to see tour skills not religion).

Revise and make sure that all your details written in the resume can be verified and justified. Your resume should be calculated for an interview by following my guidelines. Isn’t that just the first impression you would want to make? Best of Luck!

Andrew Smith writes on behalf of CV4Gulf.com is the leading resume publishing website for Gulf CV. Andrew also writes for BankJobsdugg.com for only Bank Jobs

Banking

Jobs In HDFC Bank, ICICI Bank And IDBI Bank Offer A Potential Growth In Banking Sector

For freshers who have recently passed out from colleges, have a major thing to worry about. After the degrees are received, they are very much concerned about the right platform where they can start of their careers. To have a strong start, the first job has to be of a type, which lets them have a feel of the coming years as well as gives them a chance to put their college education to good use.

For the students who have completed their courses in commerce or finance and banking, the banking sector has a plethora of opportunities. These jobs in banks have grown considerably in recent years. Banks form an integral part of the social life. In earlier days, these places were used for the simple transactions, such as deposits and withdrawals.

But with the growth in economy, the functionalities of the banks have increased manifolds. They are now dealing with insurances, loans, and mutual funds to start with. These sections of the banks have a lot of things within them and are possible to be done by people with adequate expertise and knowledge. Jobs in ICICI bank are said to be one of the most diversified in the banking sector.

ICICI bank has grown to become the top most among the private banks in the country and have pioneered in every banking aspect that is possible in the banks. Starting from loans with different riders to the dealing of insurance policies, this number one private bank has become the epitome of banking in India.

Students, who are having knowledge of the banking and finances, cannot get a better opportunity than this, to start a flourishing career. Many students are therefore applying for jobs in ICICI bank for the posts of branch manager, branch operations manager, officer sales, home loan counsellors, branch manager-commercial banking, etc.

The spectrum of jobs in HDFC bank is also of the same as in ICICI bank as they are private banks. In the present scenario, the job profiles of recruits in these banks have increased significantly. The diversification has allowed the recruitment o a large number of people. Immediately after passing out, when students join these institutes, they get a fair knowledge and experience of the working of the banks. They are able to know the intricate details of how to manage customers and how to disburse the different financial transactions. These new recruits have sufficient knowledge in the theoretical aspects.

But the jobs in HDFC bank, allows them to gain a firsthand knowledge. Since the customer base of these banks have increased considerably, the jobs in IDBI and other private banks has also increased. When a new recruit is able to deal with many customers in a very small time, it is obvious that they can know about the functioning of the banks in a very quick time. These banks have not only helped people with better ways of banking, but also have helped thousands of aspirants to enter a career that is rewarding as well as challenging.

Mr. Rajnish Mehan is providing The InfiniteCourses, A foremost name in the arena of web sites offering umbrella solution to all education related queries and dilemmas. Explore Jobs in HDFC Bank, Jobs in ICICI Bank, Jobs in IDBI Bank and much more.

Banking

Banking Jobs – How To Get Started In Entry Level Banking Jobs

Banking is one of the safest professions you can hope to get into. Jobs are aplenty, plus, banking jobs always look impressive in the resume.

Banking is one of the fastest growing sectors with lots of scope for employment. While recent mergers between banks mean a lesser number of manager level jobs, entry level banking jobs keep opening up. The salary is good and if you are ready to take on the responsibilities that they come with, here is how you can get started.

Get a College Degree.

Some openings in entry level banking jobs might need specialized degrees. However, mostly a good college degree coupled with good math skills, people skills, a friendly nature and computer skills will more than suffice.

Get an Impressive Background

Make it clear that you are a worthy candidate and should be considered. For this all you need to do is have good credits, zero criminal record, a few good references and some work experience. Prior customer service and sales experiences will go a long way to earn you a brownie point.

Decide on What Kind of Bank you want to Work for.

You may choose from an option of regional banks and national banks. While national banks might have a better pay packet at the end of the month, regional banks will have a more intimate working atmosphere. So be sure to choose wisely according to your priorities.

Narrow Down your Search.

In the entry level banking jobs you can choose from opting for the position of a teller, specialized service personnel, mortgage loan representative, safe clerks, accountants, operation clerks and many more. Research on these positions and get one that you are most comfortable with. Now you can search for that particular opening.

Begin your Search.

Local newspapers, career websites all offer lucrative careers in banking jobs. Select one for yourself and send in your detailed resume.

Impress in your Interview

Once you get the call for an interview, you must tackle things very carefully as it is only a step away from your goal. Look and be as professional as you can. Wear formals, be presentable and arrive ten minutes early in the least. Be polite to the interview panel. If you have followed the previous steps, there is no reason why your interview shouldnt be smooth. Remember to thank the panel for their time once the interview is over and shake hands before you leave.

Do not be impatient once the interview is over. These processes usually take some time. In all probability, your offer letter will be on its way soon enough.
If however, it does not, do not lose spirit. Take it as a practice, learn from it and you are sure to fare better in the next one. The idea is to not be demoralized. There are a number of bank jobs out there and more opening up every second. And you are bound to land your dream job fast.

To learn more about banking jobs and to search through thousands of career listings, please visit http://www.EmploymentCrossing.com/lcjobtypelisting.php and sign up for a FREE trial today. Silas Reed, Writer for EmploymentCrossing, writes articles that inform and teach about different job tips and career advice.

Banking

Banking Jobs – How To Get Started In Entry Level Banking Jobs

Advertising jobs and the necessary education for it has always been shrouded in mystery. Big advertising honchos are mostly in the denial of college education, but browse through the classifieds in newspapers, a bachelor degree might be the connecting link to almost every job out there.

Sometimes it leads to an endless loop of no job without experience and no experience without a job. Here is a quick guide of how to get into advertising by following a decent regime. With proper discipline and humility nothing is impossible. An advertising career can be very lucrative but you might have to face a slow start.

Step 1.

If you are in college try to make the best use of the internship opportunities in your college/university. You can talk to the internship director or apply directly. It will be a real life experience what you might not get in college at all so make the best of it. Also it might add some solid brownie points to your existing profile.

Step 2.

Contact your local television station and introduce yourself. Most generally you would want to contact the news director or the production manager.

Step 3.

Remember to mention you are working for free for now. As a result most people will be receptive and appreciate your enthusiasm and you will get to know the ambience and the people in the field you want to see yourself in. Your advertising job must start with the entry level prospective which might not fuel your advertising career but will suit you for a jumpstart.

Step 4.

Do not be confused with the internship tactics in the news and production department. You must not be disappointed if you get into production and make the best of the invaluable behind the scene news experience that you will receive. Do not be confused with the internship tactics in the news and production department. You must not be disappointed if you get into production and make the best of the invaluable behind the scene news experience that you will receive. It will only make you ahead of everybody else who do not know how things go around there.

Step 5.

If you have decided to skip college, you must learn to gain valuable experience which could mostly be available from local television, radio and other broadcasting medium. No matter what you have done, just being involved in TV will add considerable mass in your CV. Entry level advertising should be all you want right now.

Step 6.

You should always be enthused in cross-training and let your boss know you are open to new ideas and their implementation.

Step 7.

Remember you will be facing severe competition and will not be paid the pretty doughnuts because those are reserved for the well established. You will be bulldozed by new people everybody because everybody wants to add the I have worked in TV tag. Remember advertising jobs salary increase parabolically, so do not get upset in the low beginnings.

Step 8.

Do not worry too much in being into the entry will not be paid the pretty doughnuts because those are reserved for the well established. You will be bulldozed by new people everybody because everybody wants to add the I have worked in TV tag.

Do not worry too much in being into the entry level position. Get your view correct and try to get things the way you want and you will see yourself where you want with the right amount of perseverance. Advertising salaries will multiply it soon once you get the right amount of experience.

To learn more about advertising jobs and to search through thousands of career listings, please visit http://www.EmploymentCrossing.com and sign up for a FREE trial today. Silas Reed, Writer for EmploymentCrossing, writes articles that inform and teach about different job tips and career advice.

Banking

Exploring The World Of Merchant Banking Firms

Merchant banks have been in existence since the early periods founded by the Italian merchants in Italy. Primarily, their function is providing merchant banking services that include advice and various services to both corporate and individual clients. They work similar to an intermediary firm between capital providers and buyers. The securities that buyers purchase are provided by different companies in order to raise funds or capitals.

Why are these merchant banking firms needed in the market today? The economy has been very volatile since time immemorial. It has suffered unpredictable patterns of unemployment, inflation, depression, stagnation and many more. Many corporations and individual clients have the need to maintain their growth, which is only possible through financial strategies and diversified financial options.

The merchant banking firms are the ones that can provide sustenance to these corporate and individual clients so that their success becomes their success. They also provide workable solutions and financial strategies so that these same clients can flourish. More often than not, their responsibility is more complex and intricate as opposed to regular banking services that we know of today.

One classic and top example of merchant banking firm is the firm where Michael Geffrard worked. They provide sound advice and various services to different clients and of course within a particular rate. Mergers and clients are also given the same services not only corporate ones. Merchant banking firms are able to raise the capital of their clients by acquiring funds.

The firm, where Michael Geffrard worked, acts as an intermediary to those who actually have the funds and those who need these funds for their business. They are able to provide assistance to their clients by various possible financial options and they operate in several countries around the world as well. The reason for their international operation is to provide their clients the means to get in touch to other options.

The most important functions that Michael Geffrard and his firm demonstrate is to help raise funds for their clients and offer sound financial advice on which option is best. They also offer security distribution and aid in project investments made by their clients.

Visit http://meme.yahoo.com/michaelgeffrard/ for more details

Banking

How Does Merchant Banking Firms Operate?

We all know how diverse and unpredictable our economy is today and we all need sustenance in any form in order to stay afloat. It is also the concern among corporate and individual clients from all over the world to find every means possible to raise their capitals and one of the ways to do this is to utilize the services of merchant banking firms.

Merchant banking firms basically operate by providing financial options and advice for corporations and individual clients. This allows sustainable growth for the clients company in the long run. As a result, they flourish in their given field as well. They have various operations in several countries, which enable them to have an extensive network of resources in order to provide the different financing options for their clients.

One of their major functions is to act as an intermediary between the companies or institutions that have the money for a capital and those companies that are in dire need of capital for their businesses. The resulting relationship is that the companies providing capital and the companies in need of raising their capital would be in direct contact with the merchant banking firm.

The classic example of a merchant banking firm is where Michael Geffrard works. In the banking world, the merchant bank is actually a financial institution that invests its own capital that it has acquired from companies with money to a clients company. They provide the means to get the necessary funds so that their clients can increase their capital and in turn will improve the general financial condition of their businesses.

They focus on providing fee based advisory services for corporations, mergers and acquisitions. They also target commercial international finance, long term company loans and stock underwriting. It is understandable that they can help clients improve in their way of making businesses through the help of merchant banking firms like the one where Michael Geffrard works.

It is not new for a lot of people who are updated with the current status of the economy to think whether obtaining help from this financial institution would help them. But corporate and individual clients, in fact many of them, have already flourished in their businesses and companies. There is no reason that the firms like the one with Michael Geffrard as the President wouldnt be able to help you.

Visit www.ryze.com/go/michaelgeffrard for more details

Banking

Privilege Banking For Discerning Customers

Managing your finances is not as easy as it is made out to be. It varies from person to person depending upon a number of factors. These include but are not limited to the net worth of the individual, his need, and investment portfolios. There are many of us do not understand the intricacies of managing wealth efficiently as there are those who do not have the time to do so.

It is therefore better to leave the number-crunching to the professionals who do it on your behalf. There are financial institutions that provide financial services and investment advice to those who want them. They can be categorised into three broad categories as the ones managing your deposits, the ones providing insurance and lastly the ones providing broking and investment services.

It is only recently that many financial institutions have started offering prioritised banking services to a few of their highly valued customers. Privileged customers are usually chosen from their existing base of customers and are offered privileged banking services. The services may include personalised bankers, quicker transactions, special pricing on their financial products and exclusive offers. Privilege banking is primarily to offer a hassle-free and a prioritised banking experience.

With privileged banking services, you are also entitled to memberships to their exclusive clubs. As one of their members, you enjoy upgraded services and offers each time you bank. As a privileged customer you will be offered a dedicated relationship officer who will be your one point contact for all your banking needs. You may also be offered a dedicated area or sometimes even an exclusive branch to take care of your financial needs.

Several banks offer you exclusive debit and credit cards with higher withdrawal and shopping limits. Whats more, you can also get free supplementary cards for your entire family. If you are a part of their privilege club, you also get larger loans than regular customers, not to mention the enhanced life cover that you get. And this is just an overview of the benefits you get if you are a member of a privilege club.

And we have not even included the benefits of privilege clubs that just cannot be quantified ever. With many offering premium tickets to sporting events and entertainment shows, you will just be pampered with every given chance. Some uber-exclusive privilege clubs have even been known to offer precious tickets to the Formula One Paddock Club.

These exclusive clubs, to say in the least, are more than a privilege. They are keys to a better lifestyle.

Privilege Club | Financial Institutions | Investment Banking

Banking

Absa Internet Banking Is Safe And Secure

The ABSA (Amalgamated Bank of South Africa) Bank is the South Africa’s largest financial service provider. It provides the most competitive, efficient and fast products and services not only for personal customers but also for corporate and commercial customers.

The bank provides variety of features and benefits. ABSA internet banking services are availed by the customers to pay online bills, check account status, transaction history, apply for loans, take print of transactions, transfer accounts from and to your own accounts or other bank accounts, monitor any suspicious behavior related to account, personalize their settings, and much more.

ABSA is a Barclays Group member bank headquartered in South Africa. The best feature of ABSA net banking is you can complete all your banking transaction successfully sitting at your own home without moving an inch. To go for net banking services all you need to do is complete an application form and submit it in nearby branch. The user is given a unique login id and password through which he can access the web page of the bank and avail all the net banking facilities of the bank.You must also change your password at regular intervals by following the instruction provided in the bank’s website for secure and safe transaction. Never write down your pin number anywhere for safety reasons. Always memorize your pin number to have a safe and secure banking experience. There are many fraud email messages which asks for your banking details. Never fall prey to such fraudsters.

If you are a customer who needs various banking services other than just operating your account then internet banking is the ideal solution for you. It has become a prime necessity these days as people need to operate their account sitting at any location at any time. The customers can also refer to the FAQ section of the bank’s website for any queries or questions arising in their minds. Alternatively they can get in touch with customer care executives or call on their toll free number provided on the bank’s website. Customer can also use Telephone and Cellphone banking services of the bank to get access to their account even when there is no access to internet. The bank provides safe and secure banking experience and protects all confidential transactional details with great efficiency and ease.

Author is a consultant who loves to write on topics related to finance, travel and education. For further related information you can visit ABSA Bank, ABSA home loans and ABSA home loan calculator