Banking

Of Writing, Shackles and Human Magic...

2019/11/30

Last year, on November 22, while heading to the airport, I felt this urge to write. Check my rant here.

I remember having mixed feelings: on the one hand, I was happy to go away from the organized chaos to take a breath of refreshing air, all the while wanting to celebrate Independence day in my country of birth...

This year felt totally different. And somehow I couldn't write about it. It was another event that triggered me. Read on to find out more :)

Article 7: How To Benefit From Debt

2019/05/06

Well yes, one can surely benefit from being in debt. How so?

Payment cards are among us all and so many out there still hesitate to take advantage of them. Is it fear of not being able to repay the debt? Fear of spending without control? Or simply not knowing how to make use of the small yet practical plastic thing?

In this article, I will take you through the things to do, and obviously not to do, to enjoy using cards at your advantage and to remain debt free.

Article 6: Types of Plastic... Cards

2019/05/05

Plastic is the new evil. On the environmental level.

Now on the financial level, it does provide with some advantages and in this article I will list the different types of cards

Article 5: On Lebanese Bank Secrecy...

2019/04/15

Many people imagine sandy beaches and faraway islands when one mentions bank secrecy. And with a good reason.

Tax havens have mostly been located in such charming locations with flexible and little regarding AML (Anti-Money Laundering) Laws looking to attract the funds of wealthy individuals. But that is not always the case.

Let's take a closer look to at the Lebanese Bank Secrecy law and its current practices.

Article 4: How To Choose Your Next Bank in 5 Easy Steps

2018/11/25

Still rolling your eyes? By now, you should have ditched that habit when reading my statements…

Unfortunately, a lot of people pay too many (high) fees on the maintenance of their accounts and do not benefit properly from the large array of possibilities available to them.

I am herewith giving you my insights on the possibilities available on the Lebanese market.

Article 3: Bank Account Types

2018/11/15

Modern times banking is not only about savings anymore. Banks are offering a multitude of products and also bank accounts. One could get easily confused and wonder, how many bank account types are there?

Let's check these out and understand what are the differences between these account types.

 

Article 1: Opening A Bank Account

2018/11/05

I can see several ones of you rolling their eyes already.

Come on, MC! What does it take to open a bank account?

Well, unfortunately, it does take some knowledge if you want things to go smoothly.

This article refers to other articles. Enjoy!

Article 2: International Banking Regulations 101

2018/11/05

FATCA who?.. KYC what?? .. MC, would you mind speaking in something else than gibberish please?

Fair enough. Let’s delve into the world of Anti-Money Laundering (AML) and modern days banking regulations.