For example, if the app notices you have too many ATM fees, it will ask if you are
interested in a different bank account that doesn't charge as much for those.
Of course in the real world, different customers deposit what they
borrow in different banks: so that the creation of money is a collective act.
He even knows that Mommy and Daddy collect the quarters for laundry money and that they
go in a different bank.
I used to live in a poor, third world country (India) where I freely transferred money between my bank account (a savings account) to accounts held by my
friends in different banks, and different...
If the amounts are small, then undertaking so much effort in depositing
money in different banks is not worth the trouble.
As far as I know, in Europe, and certainly here in Poland, transfers between two bank
accounts in different banks (even between countries) work exactly the same, no matter who owns the accounts on both ends — the bank has no real way (in general) of knowing if the accounts are owned by the same person (and I doubt they would care even if they did know).
Get a savings account that is hard to reach (open
it in a different bank and cut your ATM card) and put a little money from every paycheck away — this would be your emergency fund.
I transferred money few times between my checking accounts
in different banks (Capital One, Ally, Chase, BoA etc).
I have some savings accounts
in different banks and they all give 1.00 % interest or less, and in many cases it is something ridiculous like $ 0.05
If I was to open three separate TFSA accounts,
each in a different bank, can I contribute $ 5000 to each, all in the same year?
Forty Seven has interactive application Multi - Asset account, with this customers can access all their accounts
in different banks and crypto wallets as well as to their investments and savings in cryptocurrency and fiat equivalents.