values - income
Types of money
Money currently exists in the form of cash and non-cash money.
Cash exists in the form of coins, banknotes (credit money, bank notes) and treasury notes.
Sometimes cash also includes checks and plastic cards. However, checks and plastic cards only represent non-cash money in bank accounts. By themselves, they cannot perform all the functions of money and therefore are not cash. Continue reading
Internet banking: How to secure online payments
Cyber criminals are not asleep, especially on the eve of the pre-Christmas rush. According to experts from Kaspersky Lab, the finances of Internet users are being attacked by a new banking Trojan. The malware allows attackers to intercept all user-entered data on online banking sites, including username and password. Having thus gained access to a bank account, the fraudsters transfer the user’s money to their accounts or, for the purpose of entangling traces, to the accounts of other victims. Continue reading
Theoretical aspects of cash and settlement services for individuals and legal entities
The banking system is a combination of credit institutions and various types of national banks operating through a monetary mechanism.
Commercial banks are banks, service organizations, as well as their customers.
Commercial banks, and in particular, Sberbank of Russia, plays an important role in implementing the policy of the Central Bank of the Russian Federation, ensuring compliance with the amount of cash in circulation, managing inflation, the ruble exchange rate, maintaining stability of monetary circulation in the country, the level of employment, and maintaining normal economic growth. Continue reading
