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The time now is 07/20/08 - 06:54

How do e-savings work?


RealCool.BIZ Forum Index -> Finance -> Internet Finance

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marcelo
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Joined: 06 Dec 2003
Posts: 9



PostPosted: 10/06/07 - 05:16    Post subject: Reply with quote

Ive been trying to find the finest possible method or system that could be perfect for managing my savings accounts, whereas Im using only one and the other two which have a quite memorable sum and has been active, for emergency purposes, didnt bring me any benefit, as I didnt save nothing, my interest saving rates are extremely low, and the amount of money has been constant with very few number alterations, or without change at all. Constant investment I have on my active saving account did bring me a little bit of interest on saving, although interest percentage is low, I can feel difference between this amount and those that have a constant amounts for two years saving period. Whats e-saving, and how does e-saving work?

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garv
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Joined: 24 Jan 2006
Posts: 5



PostPosted: 11/05/07 - 00:57    Post subject: Reply with quote

When someone start talking about e-savings my vision becomes blurry as Im e saving fanatic, enthusiastic, and I cant control myself while giving all essential explanations related to e-saving accounts and how they actually work, generally saying, terms and conditions of the e-saving account, and what is allowed and approved to use and operate with these type of account. Quite positive thing that e-savings is a service of FlexAccount available to use via Nationwide internet banking, as nationwide has the best options in using their regular account in all overseas countries possible. Withdrawals can be made by one of the card holders to a FlexAccount, all withdrawals must be approved by the Internet banking site, so cheque, cash, standing order, DD, chaps and swift withdrawals cannot be made directly from an e-savings, and closing balance should be requested via Internet Baking site, it will be sent directly to FkexAccount e-saving holder. Minimum transaction is 1, as well as minimum amount that you are eligible to hold on the e-saving account is 1 as, well, and with joint accounts, authority and approval from both holders will be requested, as for the security reasons.


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Are there any well known and reliable e-savings accounts?