Wire transfers: The easiest way to send money

Written by Jakob Jelling


Continued from page 1

Usually all you have to do is contact your bank by phone or throughrepparttar Internet. You must then providerepparttar 112386 bank withrepparttar 112387 following information: name ofrepparttar 112388 person or company to which you want to send money, as well asrepparttar 112389 routing number, account number, phone number and address ofrepparttar 112390 recipient's bank. The next step is to determinerepparttar 112391 amount of money you wish to transfer and whenrepparttar 112392 transfer needs to be carried out. Afterrepparttar 112393 bank receives this informationrepparttar 112394 wire transfer will go through. Some banks allow this to occur immediately if you've initiatedrepparttar 112395 transaction online, while other institutions require that you phone or fax them before proceeding.

After you have sentrepparttar 112396 wire transfer, it is a good idea to confirm thatrepparttar 112397 transfer has gone through. This isrepparttar 112398 only way you'll know whether or notrepparttar 112399 intended recipient receivedrepparttar 112400 funds. You should make sure you have sufficient funds in your account as well, otherwiserepparttar 112401 transfer won't go through. Also, find out what fees you will have to pay to makerepparttar 112402 transfer – this type of transaction is never free.

Jakob Jelling is the founder of http://www.cashbazar.com. Visit his website for the latest on personal finance, debt elimination, budgeting, credit cards and real estate.


A balancing act: How to properly organize your checkbook

Written by Jakob Jelling


Continued from page 1

To calculate your balance, record you checkbook's current balance either atrepparttar top of a piece of paper, or onrepparttar 112385 back of your statement. It is recommended you userepparttar 112386 back of your statement if your bank provides a worksheet there for calculating your balance. Now, subtract amounts for uncleared deposits and bank fees, including monthly fees and those for bounced checks, and subtract from your calculated total. Then add any uncleared checks and interest you have earned to this new figure. Finally, comparerepparttar 112387 final figure to your bank statement.

If you discover at this point in time that your bank has unfairly charged you for something, get in contact with them as soon as possible. Also, if you notice any discrepanciesrepparttar 112388 first time around, or can't reconcile your final balance torepparttar 112389 bank statement, you might want to double and triple-check your calculations.

Jakob Jelling is the founder of http://www.cashbazar.com. Visit his website for the latest on personal finance, debt elimination, budgeting, credit cards and real estate.


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