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In banking terms special monitoring accounts means those accounts which have to monitors closely beacuse of uncertenity in those account during some speciafic periods or in near future there may be some financial difficulty for there working capital requirements.
You can also called 'stress Accounts' as there are some irregularity for paying dues or intrest part of the loans for these accouts and may be these account will goes into an NPA for the banks.
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What has the author Loretta J Mester written?
Loretta J. Mester has written: 'Measuring efficiency at U.S. banks' 'Checking accounts and bank monitoring' 'Efficiency of banks in the third federal reserve district'
What security measures were implemented by banks to prevent hacked bank accounts and compromised routing numbers in 2016?
In 2016, banks implemented advanced encryption technologies, multi-factor authentication, and real-time monitoring systems to prevent hacked bank accounts and compromised routing numbers.
What type of banking offers are available for new accounts?
For new accounts, banks typically offer various types of banking services such as checking accounts, savings accounts, and sometimes special promotions like sign-up bonuses or fee waivers.
Do all banks provide checking accounts?
Yes. Almost all banks provide you with checking accounts.
What banks offer Retirement Accounts?
Many banks offer retirement accounts. Chase and Bank of America are two banks that offer the ability to set up an IRA.
What banks offer children's bank accounts?
There are many banks that are offering children accounts from high street to online accounts though the type of the accounts will vary. One of the banks offering children accounts is Barclay's which is offering Barclay plus account for children between the age of 7-18.
What types of accounts do banks offer?
Banks offer a variety of accounts including: checking, savings, mutual funds, IRAs, CDs, etc. Different banks offer different interest rates and promotions for these different types of accounts.
What type of savings does Barclays Wealth offer to its clients?
Barclays offers the typical savings accounts that all banks carry, but they also carry special accounts for children, boarding school students, and college students.
Who offers business current accounts?
There are a few banks that offer business current accounts. HSBC Bank is one of the most popular banks that offer these types of accounts to their customers.
Who offers 770 accounts?
770 accounts are offered by many banks that offer interests and dividends. Almost all banks within the United States offer 770 accounts.
Why do banks charge customers who have inactive accounts?
Banks charge customers with inactive accounts to cover the costs of maintaining those accounts, such as administrative expenses and account management fees.
How many different types of bank accounts do banks offer?
There are four major types of accounts that banks normally offer. It may vary bank to bank what their individual accounts are. The major types of accounts are checking accounts, savings accounts, money market accounts, and time deposits.
