Safely Using Internet Banking

1. do not tell you the detail of information banking and E-Banking is your password to others. Please also keep it in computer or send it via email.
2. Change Your E-Banking password periodically.
3. do not believe an email accompanied by a link to a website that asks you to verify details of the personal information, including Your banking information.
4. be sure when will Transact, you visit the site. Start by opening a new browser session and type the address of the site is complete and correct in the address bar in the browser. This is done to prevent you from being redirected to the fake site address similar to Your E-Banking site.
5. do not leave your computer while transacting.
6. once the transaction is complete, make sure you’re completely out of your online account (log out).
7. make sure the computer you are using has been install antivirus and other security applications. diligent updating your antivirus program on a regular basis.
8. When transacting, avoid using public computer could not believe, for example, computer Cafe.

What to have in Bank guarantee?

The contents of the Bank guarantee consists of:

* Title of “Bank Guarantee” or “Bank guarantee”
* Name and address of the Bank issuer of Bank guarantees
* The date of the issuance of Bank guarantee
* Transactions between parties that is guaranteed by the recipient of the guarantee
* Amount of money secured by a Bank guarantee
* Valid start date and the end of Bank guarantees
* Billing deadline Affirmation claims
* Choice of entry into force of article 1831 or 1832

Types and kinds of Bank guarantees

* Given to Jobber or contractors to work on the project
* Attributed to guarantee credit (can be a Standby l/c)
* Other, such as: a) BG for suspension of customs clearance (eg: customs, excise tax on alcohol, tobacco excise tape/DVD/VCD). b) BG for the redemption of imported goods c.) Shipping Guarantee, to remove the goods from the port d) BG to procure goods. e) BG for the exemption of customs entry and suspension of VAT.

While the Bank guarantees that are commonly used in the framework of the project, to support the efforts of the construction, is:

1. Bid Bond/Tender Bond
2. Performance Bond or Bank guarantee the implementation
3. Advance Payment Bond or Bank guarantee cash advance
4. Maintenance of Bond or Bank guarantee Maintenance

If you move in the field of construction enterprise, the term Bank guarantees is not foreign anymore. When you want to join the tender, head of the project requires that you provide a Bank guarantee of Tender (Tender Bond). And if you win a project, then you have to submit the Performance Bond (Bank guarantee Implementation), to ensure that you are able to carry out the project.

To understand, what and how the Bank guarantee, as well as what is its purpose, below I will try to explain, based experiences so far.

What is the definition of Bank guarantee?

Bank guarantee (or shortened to BG) is an agreement whereby the Bank guarantee or borgtocht who became the third party (the person, the guarantor, the borg) is willing to act as responsible for its customers that become debtors in the hold of an agreement (principal) with other parties as creditors.

In the form of the clearance document, can be either a Bank Guarantee or a Standby l/c (letter of Credit).

* The customer (A) or the insured held a cooperation agreement with the project leader (X), to work on a particular project
* Customers will come to the Bank, to invoke that Bank is willing to give a guarantee on behalf of the customer in the form of a Bank Guarantee, to ensure the project between the customer (A) and the Project Leaders (X).
* If it is judged to meet the requirements, then the Bank will issue Bank guarantees on behalf of A customer, to ensure tenants.

If you are interested in make all your transactions in a unique bank such as have your credit card, having a saving account, get a car loan or something like that is very important that you make a good evaluation of all the options you have in the market.

If you live in a huge city, you will notice that there are several options that you can evaluate so that you can make a good choice related to banking services. In most common of the cases, if you decide have the discipline of make monthly savings and you are interested in have a saving account you should make a research and determine which are the banks that are offering a high rate of interest.

Banks often offer a yearly interest benefits for people having saving account. Also you should evaluate the kind of banking service that you are acquiring and the category of the bank you are choosing. There are banks that are specialized in credit and other are more interested in proving facilities for real state loans and mortgages.

If you have a saving account in a bank that will give you the facility to provide you a good mortgage for get a house or apartment it could be a better decision that save in a bank where you receive a low yearly interest rate and is only focused in provide car loans.

On the other hand, if you want have a good credit card, your banks should provide a low interest rate and determine the benefits the bank provide by issuing a new credit card for you. There are banks that provide some discounts in shops and supermarket when customers use a credit card. It is important that you make a research before using the banking services of a financial institution.