answersLogoWhite

0


Best Answer

Preferred banking can refer to a type of banking that has benefits including special privileges. Many banks offer this to premium banking customers.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is preferred banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can one find information on a preferred mortgage?

Information on preferred mortgages can be obtained from your local banking institution or through various online resources. Depending on what information you are seeking, it is best to use your favorite engine to locate your request.


What degree must you have to have a bank manager job?

you must of post high school education or bachelors degree preferred and minimum of two years prior banking experience required,management preferred and u must have high school diploma or GED required.


What was Heemskerk's approach to banking?

Heemskerk preferred a one-on-one approach in dealing with customers and clients. His conservative, hands-on demeanor made him attractive to the suffering Rabobank in 2002.


What was Heemskerk's approach to the banking industry?

Heemskerk preferred a one-on-one approach in dealing with customers and clients. His conservative, hands-on demeanor made him attractive to the suffering Rabobank in 2002.


Difference between retail banking and investment banking?

Retail banking ensues financial transactions where the bank loans money on credit also known as lines of credit in which companies repay based on terms set by the lender. With retail banking, the bank assumes most or all of the risk. Investment banking can either be the sale of stock, preferred stock, bonds, debentures and so on. Investment banking requires the underwriting of financial instruments which reasonably assures investors that the company is solvent and able to repay the funds or that the stock should rise in value in the long run after the funds are raised. Regardless, with investment banking, investors assume most of or all the the risk.


How does international banking differ from domestic banking?

There is a difference between international banking and domestic banking. International banking is banking among different countries. Domestic banking is banking among one country.


What is CEO Matthew Barrett's leadership style?

Barrett, who preferred to be called "Matt" over the more formal "Matthew," was long seen as an employer who stressed communication with his employees and the importance of ethics in the banking industry.


Difference between chain banking group banking?

Difference between chain banking group banking?


Is investment banking part of the Core banking systems?

No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).


What is postal banking?

postal banking is the sysem of banking faster system to develop to the banking process.


What is the meaning of Banking and non banking institutions?

A banking institution is required to have a full banking license and is supervised by a banking regulatory agency. Non-banking is a financial institution that does not have these requirements.


What is mobile banking and internet banking?

Mobile banking is when you do banking from a mobile device such as a cellphone, iPod, or iPad. Internet banking is when you bank from a computer.