5 times, you should always go to the bank, according to experts
Your mobile application cannot give you money, now, right?
When will you go back the last time you entered the bank? These days you can do most of what you need on the go. From the palm of your hand, you can Adjust invoices , Check your sales, move money between your accounts, put your cards, ask for replacement cards and even drop Paper verification (provided you can take a well -lit photo). But there are still several reasons to go to a physical bank. Read the rest to hear financial experts on the five times you should do the additional quarter to lead your financial business to the bank.
Read this then: Always use money for these 5 purchases, say financial experts .
1 When you want financial advice.
When it comes to receiving good financial advice, your phone may not cut it.
"You will generally be transmitted to a customer service or to the call center when you use digital bank platforms", explains Paw Vej , head of the financial comparison platform Fincist . VEJ adds that these centers "generally do not have direct and complete access to identification and information information".
And if you head for the bank, you could be surprised at the level of customer service you receive.
"The branch of the physical bank is in a state of transformation today with banks, large and small, evolving their transactional branches in relational", explains, E.J. Kritz , EVP of training and customer experience at Ath Power Consulting (APC) . "In other words [there are] fewer" Diseurs "and more" bankers ". Customers want to receive good financial advice from their banks, a real person - ideally in person."
2 When you need a notary (or another service).
"Let us not forget that certain specialized services, such as the notary, often require a visit in person", " Branson Knowles , head of the American digital bank at Best mobile banks , Remarks. AE0FCC31AE342FD3A1346EBB1F342FCB
Some banks, such as America Bank , Offer notary services at no additional cost to existing account owners. And although you can technically find a notary, for example, your local UPS, the banks also offer other services, including access to a safe.
Read this then: Never use your debit card for these 6 purchases, according to financial experts .
3 When you are dealing with large sums of money.
To access regular quantities of spend money , you can jump the bank and visit an automatic counter. But automatic ticket distributors set a limit to the amount of money you can withdraw at the same time. It varies from one bank to another, but is generally between a few hundred at most, at most, a few thousand dollars.
There are also limits to automatic ticket distributors for cash deposits. "If you have to deposit a large amount of money, especially if it exceeds your daily ATM deposit limit, you should go to a bank in person," said Knowles.
4 When you Really want a secure transaction.
The proliferation of the digital bank has gone hand with the proliferation of digital scams , who target the elderly at a higher pace. Entering a bank is the safest way to ensure that your transaction is not subject to a scam.
"Obviously, during the physical transaction, you would not have to worry about cybersecurity and the risk of compromising your banking identification information," said VEJ. "The advent of online banking services has encouraged criminals to use more cunning and innovative means of hacking online bank accounts. This can be attenuated with physical interactions in branches."
But security can also mean that everything is going on without hooks. "The human touch is advantageous for transactions in person because it can help avoid errors or misunderstandings," said Knowles. "Physical banks also help to protect consumers using security agents and surveillance technology."
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5 When you need a cashier check.
"You must visit a banking location if you need a certified check or cashier", Knowles actions.
The cashier's checks are essentially evidence verified by the banks that your check will not bounce. You don't need it for everything, but the cashier checks are generally mandated for deposits on a new home or security deposits on a new apartment. You might also need it for other big ticket items, such as a new car.
Best Life offers the most up -to -date financial information for high -level experts and latest news and research, but our content is not supposed to replace professional advice. Regarding the money you spend, save or invest, always consult your financial advisor directly.
