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Washington is one of the most powerful global cities with a developing financial system, what is a consequence of flourishing American business and politics. There are facts, supporting and proving this very statement. For instance: according to the Federal Deposit Insurance Corporation till March, 2007 about 8,694 banking institutions and establishments functioned within the United States of America.
Washington, as the capital city of the United States of America, has at its disposal a giant number of banking establishments. Some of them:
The National Capital Bank of Washington is an active Washington's institution that has been serving as one of the potent city banks for about 120 years already and has managed to get a status of a secure and respectful organisation. You are able to get profit of all the existent banking operations. Helpful members of the staff will provide you with useful consultations, give you all sorts of additional information about the bank services and about what are the most profitable options for you.
Bank of America is located on the Pennsylvania Ave and is considered being a very strong and well-maintained banking venue, specialising on saving accounts, real estate loans, checking accounts, bank accounts, and all other ordinary services and facilities, which a progressive great bank may provide. The Bank of America is the largest commercial bank of the United States of America when speaking about the deposits.
The Adams National Bank is a promising organisation, which goal is to provide its clientele with a full range of savings, checking, lending, cash management services, credits, loans, real estate financing, personal and small business checking, traditional and junior savings, etc.
The other large banks, functioning in Washington are:
In any case, there are a host of other smaller banks, located on almost every corner of the city, so if you need to exchange your money or just draw out some money from your account urgently, then you may drop in one of these private banks. But if you need to execute a bigger banking operation, it will be safer to come to a bigger bank's rescue. Usual banking hours are: Monday to Friday from 9 a.m. to 3 p.m.
The United States Dollar is the official currency of the whole United States of America. You may exchange foreign currency in major city banks only, but it is not a problem if you have a credit card, traveller check, or ATM, as they are widely accepted.
Since 2003 the United States Government has decided to introduce redesigned currency, and new $10, $20, $50 banknotes have appeared. The new banknotes are safer, as the subtle background colours emerged. Now it is easier to check and distinguish them and harder to fake.
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