As a personal bank customer today, one needs to be cautious and pay close attention to activity in one’s account. Bank errors and the potential of identity theft have made it imperative that one become proactive and follow simple safeguards. In addition, changes in bank policies can create confusion.
Here are a few of the most common personal banking mistakes to avoid.
1. Not reviewing your bank statement promptly.
2. Paying unnecessary fees and bank charges
3. Leaving a literal paper trail
4. Banking online in public places
5. Using an easy password
6. Failing to take ATM precautions
7. Signing and endorsing cheques prior to entering the bank.
8. Leaving bank account numbers for others to see
9. Assuming you must borrow from your bank (Loan)
10. Not establishing a relationship (establish a good rapport with the people holding your money-banker)
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well said Kunal...its always that we are not caution enuf, make blunders and then finally pass on our errors to the banks n the bankers, unwilling to accept our mistakes..
ReplyDeletewith frauds and theft gaining grounds tremendously, outmost care and caution sud b taken while going for any bank or financial transactions...
nwys gud post n well organized points to look for...
Thank you Nandita for always commenting on my blog. I appreciate it.
ReplyDeleteWe must ensure that we are right in all aspects and any error committed by us may cost us a lot. So lets be cautious enough and bank safely.
Regards,
Kunal
Kunal what u have written is absolutely correct we should adopt safety first theory rather then blaming some one else ie Banks for our own carelessness it is good for the people 2 read this and be careful while operating there bank accounts.
ReplyDeleteThanks Ramesh for visiting my blog and commenting on it.
ReplyDeleteVery true what you have added.
Regards,
Kunal