e Banking vs e Commerce e Banking and e Commerce refer to electronic mode of doing business. This is the age of computers and internet and it is making its presence felt in all walks of life. Banking and trading have not remained aloof and have embraced advancements gleefully to make both banking and buying and […]
Difference Between Secured Loans and Unsecured Loans
Secured Loans vs Unsecured Loans Secured loans and unsecured loans are two types of loans that bear some differences between them in terms of their rules and regulations, processing and the like. Secured loans are the loans for which you give some kind of guarantee to the financial institution that lends money regarding the repayment […]
Difference Between Charge Card and Credit Card
Charge Card vs Credit Card Charge card and Credit card are considered one and the same thing possibly due to many similarities but strictly speaking there are quite a number of differences between the two. One of the primary differences between the two is that a credit card allows a minimum monthly payment to be […]
Difference Between Gift Card and Credit Card
Gift Card vs Credit Card Gift card and Credit card are often mistaken to be one and the same. They are understood often as two cards that are used in the same way. Strictly speaking there are some differences between gift card and credit card. Gift card is meant to be given to someone as […]
Difference Between IVA and Bankruptcy
IVA vs Bankruptcy IVA and bankruptcy are solutions for unmanageable debts. Due to financial crisis and hard economic times, more and more people in UK are under severe debt burden. Reckless spending through credit cards and other financial irregularities land people in a financial soup and they are unable to pay back their creditors. In […]
Difference Between SWIFT Code and Routing Numbers
SWIFT Code vs Routing Numbers The importance of the SWIFT code and routing numbers in the banking world makes us eager to know the difference between SWIFT code and routing numbers. SWIFT codes and routing numbers have one thing in common: identifying a bank. They are used by financial institutions to know in what […]
Difference Between SWIFT Code and Sort Code
SWIFT Code vs Sort Code Seeing that transferring money between accounts is a common act that is carried out all over the world in modern times, it is very beneficial to know the difference between SWIFT code and sort code. SWIFT code and sort code are two terms that are related to banking, especially […]
Difference Between Wire Transfer and EFT
Wire Transfer vs EFT As wire transfer and EFT (electronic fund transfer) are related to one another, it is a good to know the difference between wire transfer and EFT. Both wire transfer and EFT mainly involve the transferring of money and/or funds from a person/business to the other. These two systems are used […]
Difference Between ACH and Wire Transfer
ACH vs Wire Transfer ACH (Automated Clearing House) transfer and Wire transfer are two of the most common methods in sending or transferring money. More and more people every day are getting adapted to these two methods because they are not only convenient, but the process is quite fast, as well. What is ACH? […]
Difference Between ABA routing numbers and ACH routing numbers
ABA routing numbers vs ACH routing numbers ABA and ACH routing numbers aid US financial institutions to trace where the money is being transported to. Presently, there are over 21000 routing numbers in active use and every financial institution in the US possesses at least one. What are these routing numbers and what is […]
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