In markets like South Korea and Japan, typically 90% of adults or more have a bank account
, while in emerging markets like Kenya, the portion ranges from 25% to 60%," Bokun added.
Presented on 8 May, the draft directive on bank accounts
provides for a clear and simplified procedure that will be mandatory for banks.
Summary: British pensions will not be paid into Cypriot bank accounts
for the foreseeable future and expats are advised to open UK accounts.
This is a practical measure to ensure that payments reach our customers promptly, and we are not advising these customers to close their Cypriot bank accounts
On Monday, money was transferred from two Mizuho Bank accounts
opened by customers in Tokyo to different bank accounts
and the withdrawal of the several hundred thousand yen was confirmed by Friday.
Not having a bank account
can make it hard to participate in modern Britain and can create financial problems for the households who can least afford it.
VILNIUS - Nine out of ten Lithuanian residents have bank accounts
, while the majority of the rest do not have one, as they say they do not need one, says the Bank of Lithuania, reports ELTA.
Shortly thereafter, the Treasury Department announced new regulations governing foreign bank account
reporting which are effective for FBARs due to be filed by June 30, 2011.
In the most extreme cases, it could stop people getting a job or lead to them losing their job, because some employers will only pay wages into a bank account
But the banking industry said it already offered everyone access to a basic bank account
Burleson said she discovered the new bank account
was necessary after attending a seminar explaining the election changes mandated by Proposition 34, passed by voters in 2000, and immediately contacted FPPC and began correcting the problem.
Most business systems provide only for the immediate updating of checking and similar master control records on the specific day or hour they need to occur, bypassing any advance tests of highly critical bank account
number and other changes.