This Saturday, December 13, Bancamiga concludes its successful Kids Christmas Campaign, which has become a unique opportunity for children and teenagers aged 9 to 17 with national ID cards to begin their journey into the financial world.

This December, as a gift, children and teenagers will receive a free Bancamiga Debit Card, available in various versions, with contactless technology. They can use the card to make payments at points of sale, top up their mobile accounts, and make mobile payments, according to a statement from the bank.

Requirements, scope, and benefits

To open an account, children and teenagers must bring their birth certificate and a copy of their national identity card. They must also be accompanied by their parent or guardian, who must be a Bancamiga customer. If the guardian is not a Bancamiga customer, they must bring a copy of their national identity card, a valid Taxpayer Identification Number (RIF), phone number, and email address.

The Kids program offers a quick and secure way to access banking services, instilling the importance of saving and responsible money management from an early age. This year, the program has helped more than 17,100 children and teenagers join the banking system.

Branches and hours

Due to this closure, Bancamiga will be open between 9:00 a.m. and 3:00 p.m. at the following branches: Altamira, La Castellana, Chacao, Parque Humboldt, Sabana Grande, Palo Verde, Cementerio, Los Próceres, Lido, Las Ibarras, Propatria, Guatire, El Hatillo, Los Teques, Maiquetía, Charallave Sur, Santa Teresa del Tuy, Galería Plaza (Maracay), Guaparo, Bulevar Plaza (Valencia), Upata, Puerto Ordaz, Puerto La Cruz, Barinas, Maturín, Porlamar, Llano Mall, Guanare, Maracaibo, Puerto Cabello, El Tigre, Coro, Ciudad Ojeda, Cagua, Barquisimeto Este, San Cristóbal, El Vigía, Mercabar, Unare, Barrio Obrero, Mérida, Valle de la Pascua, Ciudad Bolívar, Lechería, Barquisimeto Centro, Valera, Cumaná, Calabozo, Maturín Centro, and San Francisco (Maracaibo)

To find the location of each branch, visit www.bancamiga.com, “Find Us” section.

Information and images provided by Bancamiga Banco Universal

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La entrada Bancamiga opens all 50 branches nationwide this Saturday for Kids Christmas Campaign apareció primero en Bitfinance.

Scope, a rating agency, pointed out that the cryptocurrency market is quite small with only 250 billion dollars, but they are still a danger to the traditional financial system. Financial institutions are not immune to the risks of the cryptographic system, especially if users demand services in that area.

According to the firm, the biggest fear in the crypto system is caused by the absence of “regulation and supervision of crypto assets”, so that they may gradually flow into traditional financial markets, contaminating them with new risks.

The company further maintains that the crypto market is made up mostly of small investors, and many of them execute “predominantly speculative or hedging operations” and are unaware of the true nature of cryptocurrencies or the underlying risks.

While institutional investors, especially hedge funds and investment funds such as ETFs focused on cryptocurrencies, are becoming more numerous.

The agency highlights: “This inherently jeopardizes financial stability. Not only because the funds invest other people’s money, but also because of the intense use of leverage on a much larger scale.”

That is why financial regulators are paying more and more attention to the “threat posed by the growing interconnection of cryptocurrency markets with traditional financial markets.”

M. Rodríguez

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Source: themoneypost.io

La entrada Financial entities are not immune to the risks of crypto apareció primero en Bitfinance.