When a website says “Must Obey National and International Banking Laws” what does that mean?
September 22nd, 2009
Posted by: admin
I was looking into working from home and a website mentioned that you must obey National and International banking laws - well what does that mean? Who wouldn’t obey those laws and why?
Thanks for any information - I don’t want to sign up for some scam.
By: Stacy Mae
Tags: Banking Laws, International Banking, Working From Home
September 22nd, 2009 at 17:22
It means to let me have your telephone number so we can talk deeply about personal stuff.
September 25th, 2009 at 15:14
different countries have diffrent laws about banking, whether personal or business, so it’s always good to learn and check them out before hand. (ex. interest rates, minimums to be held in accounts, transfers, etc). US banking standards are pretty straight forward, but its a good idea to check international banks, especially to avoid being scammed.
September 28th, 2009 at 02:43
each country has its own banking law.so it means you should accept the laws of national(your country) and international banks(all other countries banks you deal with).
For eg. Islamic banks don’t pay interest on your deposit nor do they lend for interest.
bcos they consider interest as Harram(SIN),but instead they are paid profits from the bank for deposit and loan takers have to give profit from their business.
It seems so weird but its real.