Short description
A bank is one of those necessary evils - we would much rather do without it, but money under the mattress is not a practical alternative. Do you know you bank? tells you how to make sure that you and your bank are playing by the same rules.
Long description
A bank is one of those necessary evils - we would much rather do without it, but money under the mattress is not a practical alternative. Do you know you bank? tells you how to make sure that you and your bank are playing by the same rules. You are your bank's client and you could be able to insist on being treated as such. No bank can survive without clients, and with increasing competition in this field it is simply no longer necessary for you to approach your bank hat in hand. Banks and the banking industry have changed dramatically during the past decade. The blind brand loyalty that was so prevalent in our society has come to an end - nowadays people choose a bank that offers the best service and the best products, and they will change banks at the drop of a hat. This places you in a good bargaining position as a bank client. You can only use this to your advantage if you know the products and services offered, and when you can insist on better rates or charges.