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most of the time the commercial bank is the only one who exercises exchange function that dont have those rural banks,cooperative banks and etc.Commercial bank also is one who is qualify for applying for universal bank because it has alot of function aside from exchange function but they have also loan discount function ,collection,fiduciary and trust function.
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∙ 11y ago
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What are four functions that a bank performs?
safeguarding, transferring, exchange, or lending of money.
When was Smithfield Exchange Bank created?
Smithfield Exchange Bank was created in 1822.
Does Bank of America exchange Iraqi dinar?
does bank of America exchange Iraqi dinar, and what is the revalue? and how much is it worth.
Functions of finance department in a bank?
to control the bank position financially
Where do i exchange foreign currency for dollars?
A bank
What are four functions that a bank performs?
safeguarding, transferring, exchange, or lending of money.
What are functions of future exchange market?
what are the functions of future exchange?
What are the functions of RBI?
1. Currency issue 2. Banker's Bank 3. Government Bank 4. Credit Control 5. Foreign Exchange Reserve
What are rbi's functions?
1. Currency issue 2. Banker's Bank 3. Government Bank 4. Credit Control 5. Foreign Exchange Reserve
Functions of Nigerian stock exchange?
what are the functions of the nigeria stock exchange.
What are the functions of National Bank of Ethiopia?
The functions of the National Bank of Ethiopia include promoting financial inclusion, issue money, regulate the availability of credit and money and to control and fix rates for foreign exchange.
What does the word MONIES mean?
The most common medium of exchange; functions as legal tender.The official currency issued by a government or national bank.
What is one way to get money from a check?
exchange at a bank exchange at a bank
What is the population of International Exchange Bank?
The population of International Exchange Bank is 1,400.
When was International Exchange Bank created?
International Exchange Bank was created in 1995.
What is the population of Korea Exchange Bank?
Korea Exchange Bank's population is 2,007.
When was Korea Exchange Bank created?
Korea Exchange Bank was created in 1967.
