The Automated Teller Machine (ATM) have truly revolutionized the way we handle our finances . These ubiquitous machines have become an integral part of our daily routines, offering a wide range of unique benefits that make our lives easier and more efficient. In this article, we will explore the ATM machine and the myriad ways…
Banks use various instruments to carry out their financial operations and services, customer may take benefits from them on time to time basis to meet there financial needs in a more safe and secure way. Some of the common instruments used in include: 1. Deposit Accounts: These include savings accounts, checking accounts, certificates of deposit…
Introduction Financial independence and security for individuals with mental challenges is imperative. However, this process can be more complex and require extra care to ensure the person’s financial well-being. In this article, we’ll provide a comprehensive guide on how to open a bank account for someone with mental challenges/mental disorder, emphasizing compassion, support, and inclusivity….
Refer to Circular No.4 of 2023-24 IR-Operations “Extension in Date of Filing of Income Tax Returns for the Tax Year 2023” Federal Board of Revenues (FBR), Pakistan has announced to extend the date of Income Tax return filling for the Tax year 2023. Here it is to mention that September 30th, 20223 was earlier declared…
Mandate authority allows you to delegate certain responsibilities and access to your bank account to another individual, often for purposes like bill payments, investments, or emergencies. Sometimes, you may need to grant someone else access to your bank account to handle specific financial matters on your behalf. This is where mandate authority comes into play….
How can a Non Resident open Bank Account: Whether you are an expatriate, an international student, or a company looking to expand its global reach, having a non-resident bank account can be a valuable financial tool. Lets explore the formalities required to open a non-resident account, along with a clear definition of what such an…
Is it possible for Laborer’s and Daily Wager’s to open Bank Account ? Financial Inclusion a step closer for Laborer’s and Daily Wage Workers by simplifying Bank Account Opening .A significant portion of the global population, especially labors and daily wage workers, still remains with out access to banking, hence opening and maintaining a bank…
If you’re a retiree or approaching retirement, opening a pensioner bank account can be a wise financial decision. In this guide, we’ll walk you through the process of opening one. Pensioner accounts are specially designed financial products that cater to the needs of retirees and senior citizens. These accounts offer a range of benefits, such…
Opening a bank account is a fundamental step towards financial stability and independence especially for housewives and unemployed individuals, it is an essential process that can offer numerous benefits. In this article, we will discuss how housewives and unemployed persons can open a bank account, highlighting the importance of doing so and providing practical guidance…
Whether you’re a freelancer, a small-scale consultant, or an independent artist,being your own boss comes with its share of perks. Starting and running a soleproprietorship can be an exciting venture. One crucial aspect of managing yourbusiness effectively is setting up a dedicated bank account. In this article, we’ll explorethe general guidelines for opening a sole…