FDIC Insurance: What It Is and How It Works

by Cheqly team | | Banking , FDIC Insurance

For over a hundred years, the Federal Deposit Insurance Corporation (FDIC) has provided insurance coverage for millions of depositors when banks could not do so. In today’s scenario, both retail and commercial clients count on FDIC insurance from banks to have control of their financial security. The last thing you would be worried about is … Continued

Meet Tomas Milar at Mbanq’s Panel Discussion at Money20/20, Las Vegas

by Cheqly team | | Event , Fintech , Tomas Milar

Tomas Milar, the Founder and CEO of Cheqly, is all set to be part of an exciting panel discussion titled “Future of Neobanks – Insights from Pioneers” at Mbanq’s exclusive event in Money20/20. This event is scheduled for October 23rd (Monday), from 3 PM to 5 PM, and will be held at Mbanq Parlor 3-916, … Continued

ACH vs Wire Transfers: Understanding the Key Differences

by Cheqly team | | ACH Transfer , Wire Transfer

Nowadays, customers have wide options for choosing which source to use to pay the bills. The new age of technology has made sending money from one account to another electronically convenient and affordable. The two ways to transfer your cash are through Automated Clearing Houses (ACH) and Wire Transfers. If you compare, the ACH is … Continued

Prepare a Balance Sheet: Step-by-Step Guide

by Cheqly team | | Balance Sheet

Preparing a balance sheet and keeping records of your financial records are necessary for any business. A Balance sheet basically tracks all the assets and liabilities of the company and also provides the current financial state of the company. Further, it is important for the company to prepare a balance sheet to help the financial … Continued

Tips for Building a Strong Banking Relationship for Your Small Business

by Cheqly team | | Banking , Small Business

When you plan to start your small business, building and maintaining a good relationship with your business banking service becomes essential. They can help with business loans, cash management, deposits, etc. If you are the owner of a small business, then having a business banking relationship will benefit you by building a strong foundation, which … Continued

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