1 in 10 people around the world are directly linked to remittances* 2015F Global transfer market = $608bn,

Slides:



Advertisements
Similar presentations
Credit Cards. What is a Credit card? A plastic card that represents a line of credit A line of credit is an account with money that you can borrow repeatedly.
Advertisements

Money Management Chapter 19. Money and Credit Money is anything that a seller will take in exchange for a good or service. To most Americans this includes.
Consumer Banking Dollars and Sense. Interest Rates – Rules of Commercial Banks – Interest rates charged for loans higher than Savings Banks and interest.
There are many different ways of making and receiving payments. MAKING A PAYMENT Cash Cheque Credit cards Debit cards Direct debit Credit transfers.
Methods of payment on business trips From booking flights and accommodation to paying for meals, there are a variety of different payment methods available.
SECTION 2: WHAT IS CREDIT Unit 6: Credit. I Can: Differentiate Credit Cards from Debit Cards Describe the importance of APR Define and apply: credit limit,
Checking Accounts & Banking Services
Bank Atlantic Banking/Credit Cards Research Project.
Finding Financial Services Review. A financial institution that provides compensation in case of a disaster or accident.
A new global secure alternative to banks
ON LINE BANKING ON LINE BANKING b You have the option of doing virtually all of your banking without leaving home 24 hours a day. b OB transforms your.
Send Money Instantly Save Money. Save Time..
Chapter 4 Money Management Managing Checking and Savings Accounts –Checking and savings accounts are the foundation of financial asset management –Cash.
HOW EXPENSIVE ARE PAYDAY LOANS?. TERMINOLOGY FINANCE CHARGE: The dollar amount paid to borrow money. INTEREST: The cost of borrowing money expressed as.
Global Gophers LLC How the Global Gopher service works…
Accepting Credit Cards on your Website. If you are building an online shop, you will need to address the question of taking payments for orders. You can,
Digital Payment Systems
Choosing the right deal for you Dual fuel Getting your gas and electricity from the same supplier Many suppliers offer a discount if you opt for dual fuel.
Chapter 5 Accounting for Money Transfers Department Ibrahim Sammour.
How super works The essential things you need to know about super.
Integration of ePayment facility to KWA eTendering system
Economics Paycheck.
FNBO DIRECT By: Sabrina Pantaleon. H ISTORY Over 150 years old First National Bank, founded in 1857 by two pioneers, 1.Herman 2.Augustus Kountze It was.
Copyright © 2002 Pearson Education, Inc. Slide 6-1.
Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services Banking Services and Fees 9.
Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers.
Section 5-1 Monthly Payments. What do you know about Credit? Credit is whenever goods, cash, or services are provided in the promise to pay at a future.
Short Term Lending. What is a Short Term Loan? Small dollar loan to pay for an unexpected bill Instant funds to avoid more costly alternatives No credit.
Interest on Loans Section 6.8. Objectives Calculate simple interest Calculate compound interest Solve applications related to credit card payments.
 CONVENIENT  HELPS YOU KEEP TRACK OF MONEY: USING THE CHECK REGISTER OR ONLINE BANKING  SAVES YOU MONEY – EXPENSES ARE LESS THAN MONEY ORDERS.
Payment Methods and Credit. In This Lesson: 1.Compare the advantages and disadvantages of using various payment methods. 2.Differentiate between a debit.
Intro to Banking and Credit Two basic types of accounts 1.Savings – savings accounts pay interest on the money in the account. This is because the bank.
The World Bank Group Net Plan Changes Effective May 1, 2007 Pension Administration Tel: (202)
Kardashian Kard “Take Us With You Everywhere”. What is It? Credit Card/ Debit Card Pre-Paid Both Online (Mobile) and Offline Payments.
Credit Intro Review  Define Credit  What is interest?  How to stay out of credit debt?!  T or F : A payment is counted as a charge in the transaction.
Unit 5: Personal Finance Services of the Bank  Place to store your money safely – an Account.
Bank Accounts. Deposit Account: Deposit Account: An account at a banking institution which allows the account holder to deposit money into or withdraw.
Basic Bank Services Bank account Bank deposits and cheques Electronic funds transfer Bank credit card transactions Debit card transactions 1 © 2013 McGraw-Hill.
Part 2: Accounts Dollars & Sense. Accounts Offered by Banks & Credit Unions Savings Certificates of Deposits (CD’s) Money Market Checking.
Business Administration term project 2 (25%) financial Management Systems Debit card and credit card payments By Ashleigh Gray.
Savings & Checking Accounts. Saving Basics Savings accounts provide an easily accessible place for people to store their money and to have money for emergencies.
Banking Savings Checking Credit Cards
Section 3.1 CHECKING ACCOUNTS. How do people gain access to money they keep in a bank?  How many of you have a savings account?  How many of you have.
Financial Institutions Trivia Newell. Characteristics of private financial institutions include all the following EXCEPT- a) Mint money for loans b) Include.
Checking Accounts/Banking Services Checking Accounts Used for regular spending money and to pay bills Write checks or use debit card to spend from.
Cuallet step by step guide. Step 1 From the Cuallet home page, click the “Sign Up Now” button. New user / Register.
Section 3.3 Savings Accounts.
Mobile Wallets. Introduction  Online shopping is the latest trend in India  India is becoming a country of mobiles & internet with around 200 million.
Choosing and Balancing a Checking Account Personal Finance.
If I could show you a way that you could make money with your phone by sharing a simple app that everyone loves to use, would you want to see it?
Objectives  Explain the various electronic banking methods.  Identify characteristics of checking accounts.  Compare checking accounts at various financial.
What is a Checking Account?  A payment account  Allows easy access to cash via checks, debit card, or online bill pay  Should only hold money that.
Methods of Payment Cash
Money and Banking. What is Money? Anything which is accepted in exchange for goods & services.
MONEY MANAGEMENT William Blochberger. OPENING A BANK ACCOUNT  Setting up a business bank account is easy. Start by selecting the bank you want to work.
Checking account – An account held at a bank, credit union, or other financial institution in which account owners deposit funds. Account owners have the.
Checking account - an account held at a bank, credit union or other financial institution in which account owners deposit funds. Account owners have the.
Do Now Why do people have checking accounts?. Unit 4: Lesson 13: Checking Accounts Day 1 Objective: identify vocabulary terms related to checking accounts.
Chapter 5 The Banking System. Choosing a Bank Research local bank websites. Select a bank with the most ATMs in your proximity. Look for banks that can.
Banking Review. Bank Business that stores money for individuals and businesses.
PayPal and Other Third Party Payment Options Presented by Meg Monsen, Eric Zeng, and Michael Leonard.
Chapter 5. Financial Services Borrowing Short Term Regular Savings Money Market Accounts Long Term Certificates of Deposit U.S. Savings Bonds Investment.
Borrowing Wisely Senior Advisory Week of May 23, 2016.
© 2012 Fruition Horticulture SendMoneyPacific can help. SendMoneyPacific is a website funded by the Australian and New Zealand Governments. Free service.
There are many different ways of making and receiving payments.
Unit 3 Personal & Business Finance
LESSON TWO: PERSONAL SPENDING
35 years of business with Security and Cloud solutions
has supported those on Universal Credit by ...
Local and global opportunities in B2B2C Payments
Presentation transcript:

1 in 10 people around the world are directly linked to remittances* 2015F Global transfer market = $608bn, 11% annual growth since 2000* Globally remitting can cost almost 7.9% of the actual amount sent* *source WB

An Online Money Transfer Service Bank2bank & bank2mobile 173 countries, 48 currencies, 2968 currency corridors 0% spread on the exchange rate £ and € debit cards are free to use. All others charged at 1.7% Online platform & iPhone app Payment models covered – bank accounts credits/ mobile payments/ cash Quick 5 step process We guarantee best deal on final amount paid out!

0% spread PWYW fee: 0.4% suggested TRANSFERS No Fee. No Commission. #MoneyOnAMission 100% cheaper than traditional bank transfers At least 10% cheaper than other money transfer options

FREE money transfers fueled by voluntary contributions NOT A PIPEDREAM when 87% PAY *source WB

Saving customers $100 Million in fees over the course of the next 5 years

“Money Scraped Together Shouldn’t Be Treated Like Small Change!”

Thank You