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Tips on how to cut your banking charges

January 23, 2009

Check those cheques

Think twice before you write those cheques, it may be better to use cash instead.

Most banks do issue at least one cheque book (20-25 leaves) per quarter free of cost if you maintain minimum balance. Otherwise, you pay up. If you want to use more cheque leaves, you will have to pay for each of those.

Also, make sure you have adequate funds before issuing a cheque because a bounced cheque is costly, too.

Also read: The world's most prosperous nations
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