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What is branch bank?

Updated: 4/5/2022
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AsmaJagp6063

Lvl 1
8y ago

Best Answer

A Bank Branch is a registered office of the bank in a particular locality from where the bank carries out its functions. The branch is the place where customers visit to get their banking services catered to.

Major banks have many branches across the globe

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Justus Rau

Lvl 10
2y ago
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Wiki User

11y ago

Branch banking is a system of banking in which a big bank develops its head office in some big city and operates it with the network of branches spread all over the country. It may have its branches in foreign countries. The system of branch banking was developed in England were all banking business is in the hands of five major banks. Later on branch banking system has been adopted by other nations also such as Australia,Canada,India,etc..

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