Bankur.com - Personal Finance and Investing Advice » Currency Exchange http://bankur.com Educating the Masses on Personal Investments Sun, 14 Nov 2010 05:57:15 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Interest National 2.60% Savings Account http://bankur.com/interest-national-260-savings-account/ http://bankur.com/interest-national-260-savings-account/#comments Sun, 30 Aug 2009 18:29:17 +0000 Banker http://bankur.com/?p=227 Interest National 2.60% Savings Account

Interest National Bank gives you an alternative to short-term certificates of deposit that are just one percent on an average nowadays. How does it do that? The bank offers a 2.60 percent annual percentage yield (APY). You can even find good certificate of deposit (CD) rates if you invest on the bank.

Before you head to Intervest to apply for opening an account, take the time to read this information about them first.

What is Intervest National Bank?

Intervest National Bank is an online bank whose headquarters is located at the heart of New York City. They also have a full service banking location at Rockefeller Plaza, New York, and they have six branches in their Florida Division. It is a subsidiary of Intervest Bancshares Corporation, a financial holding company also in New York.

Interest National 2.60% Savings Account

Interest National 2.60% Savings Account

It has earned two out of five star ratings from Bankrate’s “Safe and Sound” rating system.

How to File an Account Application

Filing for an account is very easy. You just have to visit the website and complete the application form provided. Print this out and sign on the required spaces. Next, photocopy two legal identification cards you have. Remember that expired ID’s and copies of credit cards will make you ineligible for the account application. Make sure also that your ID’s contain a photo. After this, mail your application form with the photocopy of identification cards. Include a check for your opening deposit. Send your mail to the location of Intervest Bank National.

The minimum deposit for opening a certificate of deposit is $2,500. For the money market account, it’s one thousand dollars.

You may also fax your application to Intervest National Bank. You can also send your funds via wire transfer if that will be more convenient for you. The cut-off time for this is 2:00 PM. Any application filed after the said time will be processed the following day. Also, an incoming wire charge of fifteen dollars will be subtracted from your opening deposit.

After the account is opened, you may receive account documentation from the bank.

Regular Savings Account

Regular savings account is for individuals who need to make convenient withdrawals from their savings account. The minimum deposit required to open an account is a hundred dollars, but you will be charged a twelve-dollar service fee if you don’t keep a maintaining balance of five hundred dollars.

Intervest National Bank will then pay you 2.06 percent annual percentage yield. For instance you keep a balance of five hundred bucks a year. At the end of the year, you will have a total of $513 on your account.

Certificates of Deposit

Intervest National Bank also gives a full line of CD’s with maturities ranging from six months up to ten years. Interests are compounded daily and added to your monthly balance. A minimum deposit required to open a CD account is $ 2,500, as aforementioned. Interest is fixed over the term of the CD, but early withdrawals may warrant penalties.

With these, try Intervest National Bank now.

]]> http://bankur.com/interest-national-260-savings-account/feed/ 0 Forex Trading http://bankur.com/forex-trading/ http://bankur.com/forex-trading/#comments Thu, 12 Mar 2009 05:44:35 +0000 Banker http://bankur.com/?p=100 Forex trading
Started in 1970s Foreign Exchange or FX is barter of currencies. Foreign Exchange is the biggest international financial bazaar in the world. Forex trading is the place where money is sold and bought and the Forex trading amounts to $3 trillion per day. Forex trading is Over the Counter (OTC) inter-bank market and not carried out by central exchange. Forex trading is buying and selling of different countries currencies. The key Forex operation centers are at Sydney, London, Frankfurt, Tokyo and New York and so Forex becomes 24 hour market. The Forex trading is between two merchants either through phone or through Internet.
Forex requires the basic and industrial analysis. This analysis helps a trader to be proactive for future needs and developments such as political changes, economical ups and downs. Technical knowledge includes the price drifts and value of currencies for a period of time that helps the trader to predict the future stand.
The Forex trading has two scenarios: Bear and Bull market. A Bear market is a state where one considers that prices are falling and that show little or no recovery. A Bull market is a state where one is hopeful of price rise and portrays passionate, continued buying.
The Forex market has spot market where the deal is settled immediately.
The most general currencies or “majors” are EURUSD, USDJPY, USDCHF and GBPUSD.
The big advantage of Forex trading is that it works 24 X 7. Forex trading is very liquid as there are constant buyers and sellers and with major currencies, the market is always up. Forex trading is a great occasion for regular dealers as there is no commission involved.

]]> http://bankur.com/forex-trading/feed/ 0 ForEx Mentor Currency Exchange and Trading Video Course http://bankur.com/forex-mentor-currency-exchange-and-trading-video-course/ http://bankur.com/forex-mentor-currency-exchange-and-trading-video-course/#comments Tue, 03 Mar 2009 03:42:08 +0000 Banker http://bankur.com/?p=23 Peter Bain Forex Trading Video Course

With the market being as rollercoaster-like as it has been lately, you might be wondering how you can keep your money safe and still invest it.

Take Peter Pain’s currency trading video course to learn how you can be trading like the pros in no time, making money even when the economy is doing poorly.

Author, professional trader Peter Bain is an authority in Currency Trading education. His Forex Course teaches the same system used by banks, financial institutions and professional Forex traders alike to trade currencies on the foreign exchange.

This is the very first time Peter Bain has ever offered this trading course and you want to get in on it as soon as possible.

The Peter Bain Video Forex Course is video course is a complete trading solution and is packed with 6 hours of live instructions on DVDs from Peter himself. In addition, there are an additional 6 hours of instruction on CDs, a 150 page “Trade Currencies the Way the Big Dogs Do” User’s Manual and 1 year access to the Forexmentor Membership website. Learn to trade the lucrative 1.5 trillion Forex Market everyday with Peter Bain’s Video Forex Course.

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