Open a bank account in Germany
A bank account abroad is one of the most attractive and thoughtful products for diversifying currency risks and protecting its assets. In fact, to ensure that your money does not…

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World banking systems
In world practice there are the following banking systems: 1) two-level: 1st level - Central Bank, 2nd level - commercial banks; 2) a decentralized banking system of the United States…

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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…

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Types of bank card fraud
A lot of citizens today have a bank card - debit or credit, or both. However, bank cards are a fairly new phenomenon in Russian reality, and one hundred percent…

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Interesting facts about the banks of the world

The more familiar word “bank” originated in Italy. The indigenous population gave usurers securities and money in the hope of their return. If the money changers went bankrupt, then they smashed their heads on the bench, which was their workplace and was intended for laying out coins and business papers. Thus, the word bankrupt from banco rotto – broken bench and banco – bench. Continue reading