A bank account is very important for OFW since it will be the account where the money will be sent from abroad. Opening a new bank account can be hard since you do not know which bank is the best for your criteria. There are really many banks in the Philippines so selecting one is not easy. In this article, you can learn which bank to use to send money to the Philippines.

1. Banco de Oro

Last year, Banco de Oro or commonly known as BDO held the highest portion of OFW remittances so it was named by Central Bank o f the Philippines as the No.1 bank of OFW remittance. BDO has services that it exclusively offer to OFW and their relatives like the Kabayan savings account with only P50 initial deposit with no maintaining balance as long it will be used for remittance. Just like other banks, BDO has Internet banking, phone, mobile and ATM banking across the country.

2. BPI

Recently, Finance Asia awarded Bank of the Philippine Islands as the best bank in the country for cash management in 2009. BPI is my choice bank for sending money to the Philippines. It has the best care fo its customer and very quick in responding to their client’s needs.

3. Metrobank

Metrobank is a famousr bank in the Philippines and listed as a public company in the Philippine Stock Exchange. Last year, it belongs to the top five remittance bank of OFW. It has a wide network of branches not only in the Philippines but also in other countries like US, European countries, Korea and Middle East countries. Many OFW likes Metrobank because of its good customer service and plenty of branches all over the country.

4. Chinabank

ChinaBank ranks fourth as the largest universal bank in the Philippines by market capitalization. It is a member of BancNet, a famous bank organization in the Phlippines. Chinabank has many services through its 388 ATM and 248 branches across the country. One good benefit of using Chinabank is you can transfer money to other bank members of BancNet with just small transfer charge.

5. Union Bank of the Philippines

In the Philippines, Union Bank ranks seventh in the largest banks in terms of assets. It is a public bank listed in Philippine Stock Exchange. Union Bank is a partnership among the companies and government institution in the country. With its wide range of services, many people and OFW find Union Bank a good choice for banking and remittance purposes. You can send money to the Philippines using Union Bank by PayPal, through remittance partners and by bank to bank wire transfer.

Choosing a bank for remittance purposes depends on your needs. Almost all banks offer same services but you need to determine those which are customer-oriented and responds to client’s problems quickly.

In terms of being the best tactician in short-term forex trading, we recommend momentum trading and for good reasons, too. Its main aim is to achieve the profit target as soon as possible with as little risk possible under the volatile circumstances that surround each forex transaction. Basically, you take advantage of the momentum when it is on your side by entering the forex market either on a long or short basis.

You will require three kinds of moving averages to accomplish your purpose, namely, the moving average convergence divergence (MACD), the 100-day simple moving average (SMA), and the 20-day exponential moving average (EMA). You will see why later.

For the MACD, be sure to use the default setting on the 5-minute chart. Said default setting is: Signal ENA=9, First EMA=12, and Second EMA=26. To start on this short-term forex trading strategy, open the 5-minute chart and look for the right currency pair. This means the pair trading below the SMA and EMA. Take a look at the MACD histogram. You will enter into a long trade when the MACD starts turning positive but stay within 5 candles. Your stop loss margin must be positioned at the candles low point, which should be above the EMA and SMA.

You will exit half of your position the moment the trade changes in your favour but be sure that it is still within the amount risked. The other half of your position will follow a trailing stop within a -15 pips on the 20-day EMA. This forex trading tactic should pay off handsomely under the right circumstances.

Now, lets assume that that your chosen currency pair is trading in the opposite direction above the EMA and SMA that is. In this case, you must be patient and wait until such time that the currency pair is trading below both the EMA and SMA by 15 pips, minimum.

In reverse of the first situation, you will enter into a short trade with the MACD turning negative within 5 candles. (The first situation was go long on positive turn). Your stop loss is at the high point of the first candle breaking through the EMA and SMA. (In the first, it was at a low point). You will also exit half of your position with the other half set for a trailing stop at +15 pips on the EMA. Again, this forex trading strategy should be in your favour when you can closely monitor the charts.

There are other strategies for short-term forex transactions, of course. Two examples are the use of 2 charts, namely, the hourly and the 10-minute charts as well as the 200-bar MA. You can also explore these options but we recommend trying the momentum trading strategy first.

This is no big secret here. We all want to be rich. The question is how you go about making it happen. We some people would tell you in order to do this you must first get in debt. Now I know that might sound crazy to you but it does make since when you think about.

When I say get in debt I don’t mean that you should get a bunch of credit cards and buy like crazy or acquire multiple loans for cars and jewelry you don’t need. Those kinds of debts cost your money. All those product depreciate in value and you end up paying way more than what they were worth. Even things like vacations, as fun as they may be, will cost you in the long run once it is all over.

If you really want to be rich you need to get debt that will make you more then what you borrowed. For example, if you got a loan from the bank to start a business and the business started to grow then that debt would be considered a good debt. Your business is worth more that what you borrowed. A student loan for college is another good reason to get in debt. Once you graduate, your education will give you the opportunity to make a good living which will also be worth more than what was loaned out to you. That is the kind of debt that you need if you want to be rich.

Too many people like the idea of looking rich. They buy a lot of stuff to impress there friends into thinking that they are rich only to get in debt to deeply. Why would someone spend so much money trying to look rich when they could put that money into something that may actually make them rich? If you are guilty of doing this then stop right now before you get way over your head.

Now that you know how to get in debt you can then be on your way to achieving this. You want to be rich with debt that goes up in value not down. I know that it not always possible to never carry a bad debt but the more good debt you have the better the chances of success.

If you are looking for that will not put you deep in debt and give you a chance at become rich then go to our . For more business opportunities then go to:

Traders are making a lot of money these days. Today itself ForexMinute reported that someone named Nakowa has won the biggest Bitcoin gambling and he took away 11,000 Bitcoins or about $1.3 million. People are making a lot of money trading and gambling; if you are not cashing in the opportunity, you are definitely losing a golden opportunity. ForexMinute reported that Nakowa made 11,000 Bitcoins or about $1.3 million in just one weekend of gambling.

ForexMinute also brings the latest Bitcoin news to help traders know what is happening in the Bitcoin economy. It informs that any person with a little extra money can and make money as is done in Forex trading. Here to the value of Bitcoin fluctuates against various currencies. For instance, today one Bitcoin is valued close to 134USD and at some time earlier; the value was close to 60USD/Bitcoin, even before that it was close to 260USD/Bitcoin.

Thus, the prices of Bitcoin fluctuate a lot and that is where traders make money trading Bitcoin. In fact, Bitcoin is being considered one revolutionary currency which can change the way money is being perceived. It is safe and secure and considered ideal for international transactions as here traders do not need to have convert their currencies to the currency in which thy are buying some product.

Bitcoin is a cryptographic digital currency which is generated at a controlled rate using a computer program. Thus, there is no governmental interference; rather, these are not even controlled by some international body that can favor one country or one economy over another. It is unbiased and impartial currency that is being used these days for a lot of transactions from buying a cup of coffee to buying an adventure tour to paying lawyers in Israel.

Trade Bitcoin, Make Money

As there is no centralized authority in the Bitcoin economy, there will be any instability. Moreover, as Bitcoins are open-source, which means nobody owns them and that Bitcoins are decentralized which is quite important as what we see today is fiat which is being printed enormously without any consideration to inflation. The US is printing USD every month irrespective of the warning from the economists that it is unsustainable.

How Can You Trade Bitcoin?

Now that you know about Bitcoin, you can purchase Bitcoins in one of two ways e.g. you need to either visit an exchange platform, or buy them directly through other people who have Bitcoins for sale.

Globalization has an important effect on regional economies, societies and cultures. This is done by integrating a global network of societies, cultures and trade. The term is associated with economic globalization. There has been a positive effect on the development of third world nations.

India, China has emerged as global powers in terms of consumer market and cheap labor. This has resulted in improved opportunity for jobs that is pouring in from USA, Europe, etc. The integration of consumer market world wide has resulted in aggressive marketing. Several large corporations are doing business in USA.

There are several types of consumer protection laws to protect the interest of the consumers. This ensures quality control of product being sold in US market. The governments on several occasions promote competition to some extent. This indirectly has resulted in consumer protection too.

This is because presence of one single company for a particular product will result in monopoly business. If the product is a necessity then the consumers will be left with no space to bargain.

A consumer is a person who has purchased a good or a service with the intention of using it. A person who has purchased for the purpose of resale can’t be called a consumer. He can be retailer, distributor, agent, etc but not a consumer under any circumstance.

Here in USA both the federal and state governments take care of consumer related matters. There are several types of laws taking care of consumer related affairs, they are: 1) Fair Credit Reporting Act (federal law) 2) Fair Debt Collection Practices Act (USA Statute) 3) Truth in Lending Act (federal law) 4) Fair Credit Billing Act (federal law) 5) Gramm-Leach-Bliley Act or Financial Services Modernization Act of 1999

There are several other acts that are in the process of drafting and many other that will come up in the future. The federal level consumer protection is enforced by Federal Trade Commission and Department of Justice.

There are several consumer protection groups and together lobbying groups which influence legislation. There are several groups and forums which educate consumers and provide them with tips in case of consumer right violation.

In terms of consumer protection law California has the most stringent protection laws. This is due to the presence of several influence groups that are active in this state -Consumer Federation of America, Utility Consumers Action Network, etc.

In case your consumer rights have been violated contact a . There are several good consumer lawyers who you can find from online legal directories or simply from internet. You can also get a lawyer or an attorney from consumer forums too.

If you are looking for a New York based reputed lawyer, please visit New York Attorney Directory to get the required information.

Having customers who delay payments has become a common scenario these days. Unpaid dues or bad debt is an unavoidable problem for all organizations which further lead to restricted cash flows hampering the growth of the business.

Debt collection companies play a vital role in settling differences between the debtors and creditors. They act as solution providers at both ends. The collectors offer services to creditors and ensure that all their debts are collected within the shortest time possible. They also assist debtors manage their bills in an organized way. Collection agencies are an asset for all businesses as they are experts in the collection of unpaid dues from delinquent customers. They save valuable time and resources that can be used for business growth. Occasionally, collection agencies will purchase the debt from the creditor. However, usually all that the collection agencies acquire is the right to carry out the process of debt collection.

It is important that one should visit these organizations over the Internet to know the services being offered. Many companies have special training programs for their agents for handling their clients with much care and better understanding.

The main aim of these agencies is to make sure all payments made by the debtors reach the creditors within the shortest time and, no bills are left unpaid. When one hires the services of a collection agency then they have an agreement wherein the agency takes on the responsibility of tracing the debtors and collecting the debt in accordance with the Fair Debt Collection Practices Act (FDCPA).

Small businesses are hesitant to ask for unpaid dues too strongly. This is because they are not familiar with the rules and regulations of collecting debts. They are not clear on how and when to ask for payment that is overdue. Another reason for their hesitancy is the fear of losing future business with the customer. It is where the debt collection companies come into the picture.

Collecting debts is arduous and time-consuming. Collection agencies offer professional services to handle this task efficiently. By reducing bad debts and enjoying good customer relationships, the business is bound to do well.

Edmonton, AB has a discount market that many do not know about, its called the Super Flea Market and it’s located on 50 Street and Yellowhead Trail. This is not your typical Flea Market, what it is, is a hidden gem for shoppers. Over 70% of the products are brand new. They range from designer clothes, purses and jewelry to toys, shirts, caps and much much more.

As a money saver like many of you, I am always looking for the best deal. Even when I go shopping for groceries, I grab coupons for the products Im buying or will buy the brands that are on sale. Its human nature to do this, everyone does, so dont be afraid to save a buck or two. That is why I go to flea markets on weekends as they have come along way from the garage style environment to basically mini money saver malls.

The Super Flea Market is owned and operated by Marwan Moussa has transformed the old age garage style market to a modern mini money saver mall, chalk full of new products and services. He has 2 locations and each one has its own food court. Talking to John Pottie, manager of the northside Super Flea, he tells me people are lining up to get booths and tables for this place. Where do you find that?

I have talked to many of the vendors there and they tell me that they wont leave because the atmosphere is clean and the traffic is steady. This is a good sign for success. There are video game vendors, computer repair shop, cell phone store, coin vendors, these are vendors that you would not regularly see in a Flea Market.

So, my whole point here is, if youre looking to find a great bargain on new products, dont pass up flea markets as they just might surprise you. If you live in Edmonton, AB, Canada or surrounding area, I suggest you stop by on your weekends as you will probably find things your looking for but at a great deal!

One important reason of going for debt consolidation is to lower the monthly as well as the total repayments to be made. It can be hard to make all these calculations but most online lenders and lending companies have developed debt consolidation loan calculators to help their applicants do this easily. This will even help you to avoid some situations where you may end up increasing your repayments as this will not make sense.

Importance of using a debt consolidation loan calculator

Estimating repayments: it is very important to know how much you are supposed to repay on any given loan and this is no different with debt consolidation loans. This will see you seal a deal on a loan that you can comfortably settle thus helping you to avoid any financial hitches when repaying the loan. If you are allowed to honor your debts in installments, you should also ensure that these are really compatible with your monthly income.

Finding the best deal: by just using your eyes, you may not be in a position to tell the lender offering you the best deal on your debt consolidation loan since you need to put into consideration things like repayment period, interest rate allowed, other charges and amount being allowed among others. By making use of debt consolidation loan calculator, you can easily calculate the total repayments for every loan and picking the best will be very easy.

Avoiding financial constraints: there are some borrowers who are just so stressed out with their debt situation that they will end up falling for any deal where there are promised of handling such easily. You may therefore end up signing for a loan that may leave you in a lot of financial problems when making repayments. By making use of a debt consolidation loan calculator, you will choose a loan that you can really afford to clear.

Keeping a clean credit score: as earlier mentioned, you will go for a loan that you will easily handle by making proper use of a debt consolidation loan calculator. This will see you repay all your other loans and you will also be in a position to do the same for the consolidation loan. All this will help you to maintain a high credit score. Other ways of raising your credit score include:

Keeping the loan for a longer period
Keenly observing all the terms
Maintaining lower debts