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Definition of commercial banks

Updated: 8/17/2019
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12y ago

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A commercial bank is a regular bank that provides the day to day banking services to its customers.

Some of the different services available from commercial banks to its customers are:

  1. Checking/Current account
  2. Savings accounts
  3. internet/Mobile Banking
  4. ATM Cards
  5. Check Books
  6. Deposit Accounts
  7. Loans
  8. Credit Cards etc
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