Banking

Banks and their Operation

A bank is an institution, which collects funds from the general public, safeguards them and then makes them available back to the owner of those funds when required ...

• What is a Bank?
• Basic functions of Banking
• How Banks operate in the country
• What actually happens to Your Cheque?

• Forming a relationship with your Bank
• How do Banks make money?
• Why Electronic Banking is becoming so popular
• more quicklinks

Major Banks and Products

The banking system in New Zealand comes under the Reserve Bank of New Zealand. The function of the Reserve Bank is to implement the monetary policy of the Government ...

• 7 Basic Products your Bank provides
• Dealing with your Bank and it's Managers
• How to manage your Banking relationship well
• A good Banking relationship is critical for your B

Dealing with Banks and Managers

If you can avoid it, do not sign a personal guarantee. Banks usually insist on this if you are taking out a major loan. If possible, direct the bank to other security such as the business assets ...

• 6 Basic Matters when dealing with Banks
• Should you tell the Bank everything?
• What Bankers want to know from you
• 4 Different ways to do your Banking