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Being in a long-term partnership with your bank isn’t necessarily negative if you’re making the most of it. It’s important to recognize that there are some things you can expect from the banks in Sri Lanka in order to demonstrate that you have an enjoyable and healthy relationship. We’ve compiled a list that lists five traits that a positive and healthy bank relationship must have. If your bank isn’t displaying these characteristics, it may be time to look into ending your relationship and finding the right partner for your financial requirements.
A bank that doesn’t hide the Truth in Fine Print
From monthly service charges to ATM fees, there’s likely to be an extensive list of known and undiscovered charges that are added to your bank statement each month. A couple of dollars here and there might not seem to be much, but over the months that go by, it could be a lot.
Choose a bank that doesn’t conceal fees or charges from you, and informs you in advance about all costs and fees it could charge.
A Bank that is Listening and Helps You
A high-quality customer service isn’t much to expect at your bank. If you’ve got questions or issues that you are having, you shouldn’t need to navigate through hurdles to find a solution. In the event that your institution isn’t responsive, fails to find solutions that are effective for you or gives an unsatisfactory level of support, you need to receive the best support available. It is important to feel that your concerns are taken seriously whenever you call your bank.
A Bank that Offers competitive rates
One of the most compelling reasons to keep your funds in an institution that offers financial services is the chance to earn interest on your money and putting them aside to fund retirement, a potential project or perhaps an emergency. The benefits? It doesn’t require any effort from your end, other than the deposit you made in the first place and any other ones you’d like to put in. The interest will do all the work following that!
There are many deals and rates that are competitive out there. Do your research! Don’t think that the rates you’re offered by your bank are the most competitive until you’ve witnessed the proof.
A bank which Offers Unique Services and Products
With all the latest gadgets and bells available in the banking world of banking there’s no reason why your bank doesn’t have something to provide to you. From online and mobile banking to innovative and competitive banking options, you ought to be able to choose a product that meets your needs as they develop.
The first step is to examine the entirety of your banking needs and figure out which institutions assist you with them. If you’re one who isn’t keen on going to the physical branch, you must be banking in a place where online and mobile banking services are accessible and reliable. If you’re a client who frequently transactions after hours or on weekends, make sure that the bank you choose has ATMs that are available at convenient locations or times that are compatible with your schedule. Here are some examples of what you should consider (or think about) in the event that your bank provides inferior offerings and/or services.
A Bank That Can Meet all your needs
There is no need to be a jumble of banks that can handle all their various needs: one to handle mortgages, one for daily banking, and one for investment. If you’re looking for other institutions to store your money for various objectives and projects, You should think about finding the one with a structure that can meet most (or everyone) of your requirements.
In time, your needs for banking will change, and you’ll need an institution that will be able to accommodate the changes and new ventures. You may require a credit or debit card, loan, or perhaps a savings account. You need to be sure that your bank will provide you with products and services that assist you in all. A bank that is successful will want to provide a broad range of products and services.
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