Banking
Submitted by madnotes on May 21, 2008
- Category: Miscellaneous
- Words: 387
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Banking
About banking:-
In modern banking various other services are also offered by the banks to thier clients which I will discuss below.
Banking, the business of providing financial services to consumers and businesses. The basic services a bank provides are checking accounts, which can be used like money to make payments and purchase goods and services; savings accounts and time deposits that can be used to save money for future use; loans that consumers and businesses can use to purchase goods and services; and basic cash management services such as check cashing and foreign currency exchange. Four types of banks specialize in offering these basic banking services: commercial...
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