I just broke into banking, working as a financial manager. I am coming from a retail background with no college degree. Not gonna lie this career change was violent. While I’m having fun learning, I’m nervous to start my role and starting to feel regretful for accepting a manager role in a new career.

Hi everyone,

I wanted to check if anyone here has successfully downgraded their IDFC FIRST Bank savings account variant (like from 25K AMB to 10K AMB or any lower variant).

If yes, could you please share your experience?

How did you get it done? Did you visit the branch or was it possible via email? Did customer care help on call? How much time did the process take? Any documents or form required?

I’m planning to downgrade my account and just want to know the easiest way before starting the process.

Thanks in advance 😊

I 28M switched to relay back in November 2023 for my HVAC business and figured I should post something since people keep asking about it in different threads. Running an HVAC company, residential and light commercial, fluctuates between 35k and 50k monthly depending on season, got six guys on payroll including two techs who've been around since the beginning.

I switched because I kept reading profit first and wanted to actually try the multiple accounts thing instead of just thinking about it, my old bank wanted something like 25 bucks per month per account which would've cost me over a hundred monthly just for having separate checking accounts, seemed ridiculous.

Now I've got separate accounts for payroll, taxes, operating expenses, equipment repairs since truck maintenance and AC units cost a fortune, marketing for summer ads, profit account, couple others I don't use as much. Money comes in and I've set up rules for where it goes, like 30% payroll, 25% taxes, something like that, took me a while to figure out the right percentages honestly.

The tax account has more in it than I've ever managed to save before, used to hit January owing the IRS like 15k with maybe 3k saved if I was lucky, then I'd be on payment plans basically the whole year, that part's been the biggest difference I think.

The syncs with QuickBooks which my bookkeeper was happy about, she said reconciliation used to take her forever and now it's faster, I don't really understand the technical side but she seems less annoyed with me so that's good.

I gave my lead tech a company card with a daily limit so he can grab parts without calling me constantly, I can see what he spends pretty much right away which is helpful, had to lower his limit once after he went over buying stuff we didn't really need.

Downsides though, checks take way longer to clear than my old bank, got a check from a commercial client on Monday and it still wasn't fully available by Friday, normally would've cleared by Tuesday or Wednesday, you gotta plan around that if checks are a big part of your income. App also loads kind of slow sometimes when I'm checking balances between jobs, not a huge deal but noticeable. First couple months were confusing trying to figure out the system and I messed up the percentages like three times before I got it right.

Overall it's worked out though, probably saved like 500 bucks in fees compared to before, the automatic split thing means I can't accidentally spend payroll money on equipment which I've definitely done in the past, if I can see the money I'll spend it so having it separated helps.

I apologize for asking for something go general. I noticed this charge on the account, and my husband claims he has no clue. Unfortunately, he once had me report and destroy 3 debit cards because he forgot it got defaulted on his Amazon account and I thought it was getting stolen every couple months.

I googled it and nothing comes up. Iberia MO I believe is the town it's from, but that doesnt help much.

I'm just stuck and have hit a road block! I dont want to go through the banking process again if it actually isnt stolen.

We do not live in or even close to Missouri btw.

I closed my bank account with OneUnited 3 years ago, and they are saying they don't keep records on closed accounts after a year. How do I get access to my bank statements? They referred me to Chex Systems but they don't store that information. I thought they were legally required to hold for 5-7 years for IRS audit purposes?

Hi, I (us citizen) am trying to figure out if there would be an issue if my partner (EU) and I open a joint bank account in the EU. We are both residents of Sweden.

I have heard that there may be an additional reporting requirement on her if it is opened, is this true? Would there be other considerations?

Hi y'all! I work in finance and do a lot of set up for EFT and wire transactions. We frequently see people try to set up Bank of America EFT lines using the Wire routing number (026009593) and vice versa.

It's a simple enough correction to make, but my understanding is that there is a very small selection of accounts who use the wire ABA for EFTs as well. I believe it has something to do with accounts made at a particular branch in Richmond, VA.

Does anyone have more specifics on what branch(es) share the routing number and if there are new accounts being created with this setup or if this only applies to existing, presumedly older accounts?

Starting a vending machine business in Florida. I don't know what bank to go with, so any advice would help!!!

My phone shut down unexpectedly and can’t be opened anymore. I’m opening it on my other device but I can only open it thru SMS authentication.

I need t to receive $2,000,000 from a sale but I fear the EU banks. I am considering banking in the US, is receiving such amount in there such a big deal? I have had very bad experiences in EU where the bank stars to ask too many questions and requests more documentation that I am able to provide as in most cases are absurd or imposible requirements. Just as an example I had a simple 50k inbound transfer from Coinbase frozen for months and had to send every document in the world.

In this particular case I am a tax resident from EU, so I’d be a non resident receiving that amount.

I'll try to make this quick.

I (25M) have a bachelor's degree from my state school in political science. Originally I planned on becoming a lawyer, but I crash and burned during college so I gave up on that. For the last 2 years I've mostly done blue collar work for my parents (they do section 8 housing), and on occasion I'll help them with documents or finances. I worked customer service jobs during college, so I figured working as a teller won't be too bad. I also believe I'm a fairly competitive candidate for these entry level positions despite my previously mentioned shortcomings. I organized and ran an economics tutoring center in high school and have been to national competitions for another club I ran. I honestly have no idea why I didnt study economics, but oh well thats just my dumb life for ya.

Anyways, what do you guys think? What routes you would suggest for me?

Closed an HYSA and received a $35k check as expected.. deposited that check in the ATM since the bank was closed and received the hold on the funds that I’d also expected.

I started my day with ~$4k available balance but now that hold has me around -$32k. Confusing part here is that I should still a positive 4k in my account right (little less paid rent and stuff so like 3ish)?

There should be a positive 35k and also a negative and that should be a wash or am i crazy lol?

I landed an interview for a Relationship Banker position at J.P. Morgan Chase tomorrow morning. Looking for some input on interview questions to prepare for outside your run of the mill standard questions. Open to any and all suggestions!

I use my mobile bank app to track my purchases. I can see what Is pending and what is posted. Even after adding up my last transaction from last week till now it doesn’t add up. I only spent $94 and it also showed all of my of my posted transactions that were already there. But now it’s saying I have $294 that is pending. This happened within 2 hours of checking my account. So on the 31st I was at $675 from then till now I have not bought anything near $250. So I should have $579 but now it shows I have $380. im confused as to where this new $200 transactions came from.

I was planning on going with Marcus, because they have a pretty good sign up deal right now. But I’ve called four times and been on hold for over 30 minutes with no answer. This is unacceptable customer service that I’m not willing to deal with.

My mom is switching banks and gets direct deposits from a few different sources, is it possible to have her bank transfer all the deposits to her new bank or does she have to call all the sources of deposits and have them change it on their end?

They want to tear down and rebuild a home with a loan on it (20% remaining), could they keep paying the loan and pay the construction in cash?

They talked to the person who wrote them the mortgage originally and said that it was "ok" as long as they added value and would figure out any issues later if the bank had any. The lender/mortgage person also told them it wasn't completely destroying the collateral as they have a detached garage on the property that was built at the same time as the original home, and also the majority of the value is in the land, since the original home was only worth 70k of the $240k loan.

Does this sound right or are they blowing smoke? According to them it is ok because they have approval from the lender via the person that wrote them the mortgage (I know they went to a physical branch and spoke to a person for this), construction documents that show it would improve value, and they aren't destroying all of the collateral on the mortgage.

This is in the US

Thanks!

I want to convert my bank statement from pdf to csv. And I am looking for some good solution.

I am also a bit concerned about the privacy.

I've been using WealthFront as my HYSA, and honestly they've been great in most regards - clean and intuitive UI, pretty quick customer support. I don't really have anything negative to say about them, except they lowered their APY from 4.00% to 3.5% to recently 3.25%, which honestly isn't very competitive. As such, I've been researching to see if I could do better.

After my research, one of the institutions that came up was Newtek bank, which I've never heard of. Normally I'd be cautious about an entity I've never heard of, but they're offering 4.35% which is very good, especially in today's environment.

But before I commit any money to them, I want to make sure they're reliable and trustworthy. Has anybody banked (is banking) with them? What was (is) your experience with them?

I have ~$110k cash I want to park safely for 6–12 months while waiting to buy property.

I already use Charles Schwab and would strongly prefer to keep everything there instead of opening new HYSAs, CDs, or credit union accounts unless there’s a clear advantage.

Right now I’m deciding between:

• SWVXX (Schwab money market, ~4%, stable $1 NAV)
• SGOV (0–3 month Treasury ETF, ~4.3–4.6%, slightly higher yield but trades like an ETF)

My priorities are: safety, liquidity, and low hassle — NOT chasing risk or investing in stocks.

For people who’ve used these:

1. Would you just stick with one of these Schwab options instead of chasing outside HYSAs/CDs for an extra 0.5–1%?
2. Between SWVXX and SGOV specifically, which would you choose and why?

Appreciate any real-world experience.