There is a bank out there, free for anyone around the globe to make a free account with no banking fees. A few notes about this bank:
- It allows you to send money worldwide with little or no fees.
- No overdraft charges.
- There is never a "pending" status. If the money is there, it's there, and not gaining interest for someone else.
- No need to carry a card. You can take a picture of the vendors barcode and text them the money, which is instantly received.
- Your personal information will not be stored by businesses that usually keep your credit card information on file.
- The value of your money is not subject to the fluctuations of national currencies and foreign exchange rates.
- Did I mention it's completely free?
This is called bitcoins. It is a decentralized currency that is quickly gaining popularity and traction all around the world. I am not writing this as an advertisement to sell anyone on the idea, but more as an informational piece because it is coming and it is coming fast.