Episode: Checking Accounts and Everyday Banking

Do checking accounts earn interest? Is e-banking safe? What’s the best way to pay for things when traveling out of the country? This program schools viewers in the basics of financial transactions, then arms them with how-tos and tips for choosing a bank, writing and depositing checks, using a debit card, and balancing a checkbook. E-banking to manage accounts and transfer funds is discussed, with security concerns foremost. The video also explains wire transfers and money orders—and it advises on changing money and using traveler's checks when abroad. Highlights include the pros and cons of ATMs, hidden fees associated with checking accounts, and buying and using gift cards.
Length: 
31 minutes 27 seconds
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