What Is a Bank Account Number?

A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.

How Banking Works, Types of Banks, and How To Choose the Best Bank for You

A bank is a financial institution licensed to receive deposits and provide other services such as mortgage loans and individual retirement accounts.

How Interest Works on a Savings Account

Interest on a savings account can help your money grow more quickly. Learn how interest works on savings accounts and the effect of compounding.

Correspondent Bank: Definition and How It Works

A correspondent bank is a financial institution authorized to provide services on behalf of another financial institution. Learn how correspondent banks work.

What Is an International Bank Account Number (IBAN) and How Does It Work

An international bank account number (IBAN) is a standard numbering system, developed to identify bank accounts from around the world.

How To Open and Access an Offshore Bank Account

You can open an offshore bank account to bank in another country, but the process can be take longer. Here's how opening an offshore bank account works.

What Is a Merchant Account? How Accounts and Processing Works

A merchant account is a business bank account allowing companies to accept payments and pay bills.

How a bank transfer, ACH transfer, or wire transfer works

This overview of bank transfers covers various types of transfers and payment networks, how they work, and what they cost to send and receive funds.

How Banks Work | HowStuffWorks

Banks take care of your money for you. Find out how banks keep your money safe, how banks make money, and how to start your own bank.

How to Identify a Bank Scam to Keep Your Account Safe

Knowledge is a powerful defense. Check out these trending scams ; Imposter scams ; Investment Scams ; Tech support scams ; Online sales