Banking

I visited the Suncorp Metway bank and the lady who helped me was extremely helpful and gave me lots of information. She was really pleased that school's are teaching students about the banking facilities available. In addition to savings and cheque accounts this bank offers services such as insurance, investment, loans, superannuating and equipment leasing services. Their insurance facility covers home, car, life, boat, comprehensive third party and commercial and rural insurance. The types of …

…the merchant notifies the bank and the capital available to the customer is reduced by this amount. In other words the money is held for the transaction when it is complete. With the utilisation of computers banking has changed dramatically. Cheques accounts for instance, are not just cheques accounts and are also accessed through cards, internet and the phone. Although, this makes banking more convenient it also means there is a lot more to learn.