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What banks have the lowest transaction costs?
The banks that have the lowest transaction costs would be Credit Unions which typically do not charge transaction fees. Other banks such as HSBC have transaction fees that amount to $2.50 per transaction.
Advantages of merging two banks?
Advantages of merging two banks include the banks pooling their resources. Another advantage for the banks is decreasing their operating costs.
Classification of Banks in India?
Classification of Banks in India is done into four main classes. The classes include commercial banks, savings banks, public sector banks and private sector banks.
How have banks changed over the years?
It used to be hand done but now it is done by computar
Why do banks charge dormant fees?
Banks charge dormant fees to cover the costs of maintaining inactive accounts and to encourage customers to keep their accounts active.
Why distinguish direct costs from indirect costs?
It is done so to keep control on costs as direct costs are controllable while indirect costs are not.
What banks have the lowest transaction costs?
The banks that have the lowest transaction costs would be Credit Unions which typically do not charge transaction fees. Other banks such as HSBC have transaction fees that amount to $2.50 per transaction.
Advantages of merging two banks?
Advantages of merging two banks include the banks pooling their resources. Another advantage for the banks is decreasing their operating costs.
What are finance costs?
IN Basic they would be costs of interest charged on business loans, costs of banking, costs of purchasing a loan. Banks will charge to arrange a business a loan.
Definition of controllable costs?
Well....That would be the control of costs
Are those costs which firm has no control?
Costs which are affected by inflation
Classification of Banks in India?
Classification of Banks in India is done into four main classes. The classes include commercial banks, savings banks, public sector banks and private sector banks.
When was the first nationalization of banks done?
1956
Is fixed costs is a period costs?
Yes normally fixed costs are period costs because these costs have to be paid no matter production done or not.
Why does an organization have to control costs?
A budget
How have banks changed over the years?
It used to be hand done but now it is done by computar
In what state did the banks and creditors control the government?
Massachusetts
