Tag Archives: Comparison

Banking

Basic Bank Accounts Comparison

The average customer finds himself being flooded with offers from different banks across the world to open an account. It becomes necessary for him to look to a source which enables him to receive a comparative analysis of bank accounts. Starting right from the type of accounts that the bank provides to you the basic account or a guaranteed banking account, you need to be aware of the fees levied by the bank to open your account.

What are basic bank accounts?

Basic bank accounts are part of the government schemes to aid middle class families who might have trouble opening a normal bank account. They appeal to people who are careful about overspending since overdrafts are not provided for a basic bank account.

Parameters of bank account comparison

The age limit remains a vital factor in comparison bank accounts. Some banks set the threshold to be 18 years while others are more lenient and ask the customer to have completed 16 years of age. It is imperative for the customer to choose a bank that gives you the highest yield at the lowest fees.

Further, having a checking and a savings account enables you to get the highest rate of interest on your savings. New customers need to be aware of the fact that a checking account is the account you will be using for your direct deposit and withdrawal, for this reason, comparison banks is mandatory.

This mandates the customer to look for a bank which offers minimal or zero transaction charges. Further, the customer should deem it necessary to check out the benefits and rewards for opening an account with a particular bank. Most banks offer a free day-to-day banking system.

Comparison of Banks – Presence

Customers should make sure that the banking cards are accepted world over. With the whole banking system being taken online, the mode of Internet banking and online transactions become an essential parameter of bank account comparison.

For More Information about bank account comparison please visit our website at http://www.comparebankaccount.co.uk/

Banking

A Comparison of Banking & Finance Jobs With a Look at the London Job Market

There are some fairly major differences between the banking and finance sectors, most notably the different types of opportunities available in these related but separate areas.

Banking jobs in major cities like London tend to fall in the retail, private and sometimes boutique banking sectors. These roles comprise of dealing with transactional activities and other general banking duties. Banking positions span, front, middle and back office positions supporting the entire trade process from sales and execution through clearing and settlement. An investment banker would most typically work for an investment bank who will help corporations and businesses to raise funds in capital markets.

When it comes to finance jobs, the positions tend to involve management of assets, money and other finances. Finance Jobs often comprise of micro and macro economic analysis and include tasks and duties to manage funds and preserve and create wealth for the organisation. But putting the differences aside, job opportunities in both the finance sector and the banking sector are frequently available if you have the right skills and experience.

Here in the UK the biggest place to get a banking or finance job is London. With areas such as London city and Docklands, London is the best place to look for banking jobs in the UK. It is seen as the banking hub of the world and the largest business centre in Europe, so residents in the UK have some great opportunities available to them.

Figures shows that over 20% of the largest companies in Europe have their headquarters in London and around 25% of the largest companies in the world have their main European offices based there. The London financial exchange market is said to be worth over $ 500 billion which is more than New York’s and Tokyo’s combined. This has also led to there being thousands of financial and banking jobs in the city.

With a need for so many finance professionals, specialist recruitment companies like Martin Ward Anderson have been created to provide the best candidates for these finance and banking jobs in not only London, but the rest of the UK and abroad.

This article was written by Tom Sangers on behalf of Martin Ward Anderson who offer Banking Recruitment for Banking Jobs London.