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Banks are regulated by a general set of regulations outlined in the United States law. Banks, for example, are regulated on the amount of APR they can set for loans. This keeps banks "in-cheque"(pun intended) and disallows them from taking advantage of people.
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Function of public sector banks?
function of public sector in india
What are the function of the central bank in Ghana?
1)it is banker to banks 2)lender to the banks
What is a banks main function?
lol nothin
Is there a list of the 100 largest merchant banks in the US?
merchant banks in us
What are the Function of foreign bank?
roles of foreign banks
WHAT IS DEPOSIT FUNCTION?
justifies the worth of banks in the financial world for it is a must that banks must have substantial amounts of deposits
How do banks function?
Banks play a vital role to keep the flow of money in the economy in a controlled manner following the guidelines of RBI.
What banks does the US Treasury Department examine each year?
The banks examined each year by the US Treasury Department are commercial banks and bank holding companies.
Are all US banks FDIC insured?
All us banks are not FDIC insured, however most banks that are competing effectively for business are usually FDIC insured.
Who owns the us banks?
The Nationalized banks are owned by the government. Other banks are owned by some individuals and corporations.
Can foreign money be taken to us banks to trade for us dollars?
Yes - Banks usually have a foreign exchange counter.
Will US banks take a Five Pound coin?
The British Five Pound coin is issued as a commemorative coin in Britain and is not intended for general circulation. Although it is legal tender in Britain, some businesses refuse them because they are not a familiar coin. US banks will probably not accept a British Five Pound coin unless they are also a currency exchange office, a function performed by some banks around the world.
