Question posted by Shanethailand on July 10th, 2020

Can You Trust Banks Nowadays??

Theres is a lot of things happening in every bank lost savings and technical issues.How the bank company reassuring all there costumer to trust them!???

Current Answers

Answer #1: Posted by INIMITABLE on July 10th, 2020 11:45 AM
This answer was accepted by the poster of the original question.
INIMITABLE

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Below is a link to the top 272 reviews on bank of America. I think a verified review would give you a clear knowledge of why you need to trust them

https://www.consumeraffairs.com/finance/bofa.html



I hope this is helpful? PLEASE "ACCEPT" and mark it "HELPFUL" to complement my little effort. Hope to bring you more detailed answers

-INIMITABLE
Answer #2: Posted by Onlineowl on July 19th, 2020 10:05 AM
Onlineowl

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Well, according to current situation and cases of market it is actually difficult to predict that banks are safe or not! However, it depends on the type of bank, it's current market situation, past cases, customer loyalty, etc. So, depending on lots of factor, one has to be careful to chose banks for their savings!

Answer #3: Posted by Georgiano12 on August 31st, 2020 4:28 PM
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yes i think they can still be trusted because of most of the instruments put in place to mitigate the present pressure posed by the economy of every country.

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  • Account Information & Access Frequently Asked Questions from Bank of America
    ... if an FDIC-insured bank or savings association fails. But if that the FDIC temporarily increased basic deposit insurance from $100,000 to $250,000 per depositor through December 31, 2013. Return to FAQ overview How do I close my account? You can I change due to: Please bring a government-issued photo ID along with...
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