Jobs & Education
Banking
Commercial Bank and Checking Accounts
The Difference Between

What are the needs of retail banking?

User Avatar
Wiki User
2011-03-18 03:02:52

Customers and Balances. The primary way that retail banks earn

money is based on the balances that are in their customers'

account. The higher the account balances the better. By getting

more accounts, they will bring in more money and the best way to

get more accounts is to get more customers.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.