1 / 5

Chapter 5 The Banking System

Chapter 5 The Banking System. What Banking Services Are Available to Consumers?. Safe deposit boxes Overdraft protection ATMs Cashier’s checks Financial advising Loans Internet banking Bank cards. 5-3 Banking Services and Fees. What Are the Costs of Banking?. Monthly account fees

vmarcellus
Télécharger la présentation

Chapter 5 The Banking System

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chapter 5 The Banking System

  2. What Banking Services Are Available to Consumers? • Safe deposit boxes • Overdraft protection • ATMs • Cashier’s checks • Financial advising • Loans • Internet banking • Bank cards 5-3 Banking Services and Fees Slide 2

  3. What Are the Costs of Banking? • Monthly account fees • Nonsufficient fund fees • Special service fees • Examples: stop payment, cashier’s check, money order • ATM fees • Inactive account fees 5-3 Banking Services and Fees Slide 3

  4. What Are Consumer Responsibilities? • Maintain your balance. • Avoid writing bad checks. • Monitor your account. • Reconcile your bank account. • Know your rights. • Be aware of consumer protection laws. 5-3 Banking Services and Fees Slide 4

  5. Success Skills Negotiating It is the process of reaching an agreement that benefits both parties. • Understand your position. • Understand the other party’s position. • Create a proposed solution. • Identify what is important and what you are willing to give up. 5-3 Banking Services and Fees Slide 5

More Related