[Caribbean Royalty]

How do you use the new bank system Eddie and I keep getting confused.

[Mz Sharz]

Im confused too... all the percentages scaring me...

[Mz K]

Checking is what you have IN hands (perhaps i'll change the word ...if someone has suggestion)

Saving is basically what you have save. So when you want to put into your saving you select "checking to saving" put the amount (no real need of a comment)

- Minimum savings of 500.000 Dhaz Dollarz required for 4% interest.

It means for every 500$ you get 4% interest which mean at the end of the month you would have 20% extra

-Deposits require pending time of 1 days before interest accrues, or a 5% early withdrawal fee applies.

It means that you have to wait 1 day before the money gets into your saving account. If for any reason you cancel it would cost you something like 5cents

each Transaction (Example putting in saving or removing will cost you 2%)

[Mz K]

was that clearer?

[Tha Man]

Originally Posted by Mz K

Checking is what you have IN hands (perhaps i'll change the word ...if someone has suggestion)

Saving is basically what you have save. So when you want to put into your saving you select "checking to saving" put the amount (no real need of a comment)

- Minimum savings of 500.000 Dhaz Dollarz required for 4% interest.

It means for every 500$ you get 4% interest which mean at the end of the month you would have 20% extra

-Deposits require pending time of 1 days before interest accrues, or a 5% early withdrawal fee applies.

It means that you have to wait 1 day before the money gets into your saving account. If for any reason you cancel it would cost you something like 5cents

each Transaction (Example putting in saving or removing will cost you 2%)

eh?

Edit: it sounds confusing, lemme read it bout 10 more times

[Mz K]

Originally Posted by EgoDancehall

eh?

when you go there : http://www.dancehallareaz.com/forum/...php?do=banking

which part didn't you understand?

[Tha Man]

Originally Posted by Mz K

when you go there : http://www.dancehallareaz.com/forum/...php?do=banking

which part didn't you understand?

i'll overstand soon enuff, just needs lot more reading.........so the deposit & withdraw thing is over then?

[Mr. Marcus ™]

sounds simple enough ... just like a real bank

^ all that in plain english:



you have 2 types of places you can keep your money here on DHAZ:

1) checking account (what you use to buy stuff with ... kinda like having cash/debit card)

2) savings account (where you can store your money without fear of having it stolen ... also, like a real bank if you keep your money in there for a while you earn interest [more money than you put in yourself])


also, any time you move money from checking to savings or vice versa... it will cost you 2% of however much you were trying to move

For example: depositing $1000 into your savings will cost you $20 ... and the same would apply for withdrawing $1000

[StrawBerry]

Originally Posted by Mz K

Checking is what you have IN hands (perhaps i'll change the word ...if someone has suggestion)

Saving is basically what you have save. So when you want to put into your saving you select "checking to saving" put the amount (no real need of a comment)

- Minimum savings of 500.000 Dhaz Dollarz required for 4% interest.

It means for every 500$ you get 4% interest which mean at the end of the month you would have 20% extra

-Deposits require pending time of 1 days before interest accrues, or a 5% early withdrawal fee applies.

It means that you have to wait 1 day before the money gets into your saving account. If for any reason you cancel it would cost you something like 5cents

each Transaction (Example putting in saving or removing will cost you 2%)

SPOT ON don't think it could be clearer.

[Mz K]

Originally Posted by .-¤ Ç®ØöKëÐ ¤-.

sounds simple enough ... just like a real bank

^ all that in plain english:



you have 2 types of places you can keep your money here on DHAZ:

1) checking account (what you use to buy stuff with ... kinda like having cash/debit card)

2) savings account (where you can store your money without fear of having it stolen ... also, like a real bank if you keep your money in there for a while you earn interest [more money than you put in yourself])


also, any time you move money from checking to savings or vice versa... it will cost you 2% of however much you were trying to move

For example: depositing $1000 into your savings will cost you $20 ... and the same would apply for withdrawing $1000

so if that's plain english what was mine lol?

[Caribbean Royalty]

Ok. If id o keep getting confused I'll keep checking the post. It should work now thnaks Ms K

[Mz K]

npppppppppppp

[Mr. Marcus ™]

lol ...

nah, yours was straight! i understood it perfectly ... but you know ... some people still didnt get it ... maybe because of the percentages IDK

your still the best

[Mz K]

i was just bugging :p

[StrawBerry]

Mumy K i still can't put money into my savings....its still showing this

Sorry, but you have saved as much as you can right now