Bank Account and FX risk
The simplest financial instrument in the world, and the most versatile.
A bank or current account, is a deposit of money at a bank, that allows you to start all of those credit and debit operations that we are all very familiar with: pension or wage credit, credit cards, payments, checks, utility bills debit and so on. Watch this video to have a broad look about them, and to understand why you should know about FX risk when you buy goods not denominated in Euros. PS: with a bank account, you are lending money to the bank, even if the inter-bank fund guarantees that money (limits apply).
Now you are ready to win over yourself with the video questionnaire you saw, click on FamilyMI Questionnaire/Skills