There can be several good reasons to switch your current account. These might include a welcome bonus for new customers and continued rewards or cashback on spending, or simply just improved customer ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. David Kindness is a Certified Public Accountant (CPA) and an ...

What Is a Current Account Deficit? A current account deficit happens when a country's imports exceed its exports in terms of goods and services. This deficit reflects a nation's foreign transactions ...

Countries, like households, may spend above their incomes sometimes, and below them at other times. A country that spends above its income imports more goods and services than it exports and is said ...

There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.

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Julius Probst is indirectly funded by the Wallenberg Foundation. In the recent economic crises in Turkey and Argentina, there was much talk about how current account deficits played a big part in ...

Millions have people have switched bank account over the last decade using a service which is free, quick and, importantly, regulated and guaranteed. Not only that, but those using the service to ...

SANTANDER is axing a popular current account used by hundreds of thousands of customers in August. The bank is closing its 123 Lite current account, which offers up to 3% cashback on household bills ...

The bank's said the move is due to customers switching to online banking, during the last year in particular. M&S Bank has three million customers in total – it wouldn't give us a figure for how many ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s financial account is interesting, and not well understood. China’s state ...

Reward and cashback current accounts offer perks in return for spending. Some allow you to earn back a portion of what you spend through cashback schemes, while others come with lifestyle benefits and ...