Is This the Right Way for the Banks to Make Money?

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Banks Should Provide Information to Clients

When you open an account (whichever type) in the bank, you are advised to maintain a minimum balance amount in that particular account.

Over a period of time, two things happen. First the bank changes the minimum balance amount to a higher level and does not inform you about it.

Secondly, your actual balance may fall below the prescribed minimum balance and the bank does not inform about it to you.

And in both the cases without informing you and without your knowledge, the bank debits a fat penalty amount from your existing balance every quarter and your money starts getting depleted and many times you do not even know about it.

When you notice such a leak in your account and meet the bank manager, he or she shows you the rule book and fixes the entire responsibility on you. You are the client or customer and because of you and your money the bank runs its business and despite it, you get such a rude and rough treatment from banks. When you request them to waive off the penalty, he/she raise hands in helplessness. You may argue that you have other accounts in the same bank and you have fixed deposits in the same bank and together your money with the bank is at far higher level than the prescribed bank balance for a specific account. Yet, the bank does not help in many cases for reversals of the debits already made.

Banks make money for doing nothing- for doing no work. Is it on? Definitely not. They should inform their clients on both the types of changes that impact the accounts of it's clients well in time.

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Does a Woman Need to Change Her Surname after Marriage?

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Changing Surname (Family Name) of a Female Following Marriage Is a Futile Exercise

In almost all the human societies of the earth, it is still man's world. Woman has to change her surname (family name) and adopt her husband's family name post her marriage.

Getting used to her new identity and losing her old original identity could be quite inconvenient to a lady bordering on mild irritant or even a trauma. It surely will take time for her to get used to say, "I am Mrs (family name of her husband)."

In addition, it involves tons of paper work involving numerous governmental and legal agencies. It affects her social security identification (as per country's unique identification system), her passport, her driving license, her bank accounts, her other financial transactions and many other things. And imagine thousands of people in these governmental and legal agencies engaged in incorporating these changes in millions of records and files- sheer non-value adding work.

So, is it really worth it to follow this age old hackneyed procedure? Frankly speaking is it really necessary to have a surname or a family name at all, not only in case of the females but even for the men?

As far as the children are concerned, the husband-wife team can decide if they want their children to follow any surname at all or they could decide to give them either wife's original surname or husband's surname or evolve a new integrated surname derived from the two surnames.

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