we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
People use banks to keep their money safe. No one can take their money. Before banks were available, anyone could come into your home and take your money. Also banks will insure your money up to $200,000. Plus banks allow you to pay bills by check. Many companies will only take a check for a payment. There are many other benefits to using a bank account.
Banks generate a lot of income by loaning money deposited by customers out to other customers for fees and repayment with interest. This is the principle action that banks take with the money you deposit.
Take the money, put it aside for you and wait for you to return and get it.
In most banks, this is called a withdraw.
we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
Banks take your money and buy mcdonalds
to keep peoples money safe however some people rob banks
Mainly through service fees, and interest on loans.
to spend the peoples money and rip of Ashley
People use banks to keep their money safe. No one can take their money. Before banks were available, anyone could come into your home and take your money. Also banks will insure your money up to $200,000. Plus banks allow you to pay bills by check. Many companies will only take a check for a payment. There are many other benefits to using a bank account.
Banks generate a lot of income by loaning money deposited by customers out to other customers for fees and repayment with interest. This is the principle action that banks take with the money you deposit.
Banks take your money and buy mcdonalds
the teller or accountant has to add and subract as peole put money or take money out of the banks. Intrest also involves math.
Take the money, put it aside for you and wait for you to return and get it.
I would say, the banks taking all of the peoples hard earned money, and the families loosing everything.
In most banks, this is called a withdraw.