In general, savings accounts will charge fewer fees, if any, than checking accounts, depending on your financial institution and the specific type of account you open. Many of the fees that are attached to checking accounts often donât accompany savings accounts because of the lack of regular-spending features.
Although Venezuela's government is ostensibly claimed to be a federal republic, it is very rapidly becoming a tyrannical dictatorship under President Hugo Chavez.
Venezuela has been characterized by the persistent presence of political and financial corruption in public administration. In 1813 and, later, in 1824, national hero Simon Bolivar felt it necessary to issue decrees defining corruption as âthe violation of the public interest.â He established the death penalty for âall public officers guilty of stealing 10 pesos or more,â including âthose judges who disobey these decrees.â