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The two major types of banking are consumer and business. Consumer banking is banking to the people. These would include personal savings and checking accounts.
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What is meant Payment through bank in business terminology?
Covering letter for bank
What is meant by motives of commercial bank?
saving the money
Why would make you interested in working for a bank?
SOrry .. i meant .. What would make you interested in working for a bank?
What is meant by saving bank account?
saving accounts earnings
In bank process what is meant by NEFT?
National electronic funds transfer.......
How was the FDIC meant to prevent another depression?
By preventing bank runs
What is meant by the term safe bank?
Safe bank is a term to ensure that money in one bank is safe. The term safe bank can be related to the FDIC. Both of these terms have the same meaning.
What is meant by routing number for bank?
A routing number is a numerical identification of the bank that issue the check. It will tell you what bank, city and state right down to the branch.
How was the Federal Deposit Insurance Corporation meant to prevent another depression?
By preventing bank runs
What is meant by Payment by documents through bank?
Payment by documents through your bank is how you have made your payment. The document could be your check.
What was the bank recharter bill?
It was what it sounds like- a bill to re-charter a bank - in this case, the Second Bank of the United States. "re-charter" meant to renew the charter that allowed the bank to operate,
What exactly meant by bank turnover?
Bank's turnover means the sum of the 2 primary functions of the bank i.e lending and borrowing. Thus, it is the sum of the bank's total deposits and total advances. Deposits are the liabilities of the bank and advances are the assets of the bank. - Smriti
