answersLogoWhite

0

When you borrow money from a bank, the money comes from the bank's deposits and reserves, which are funds that the bank holds from its customers and other sources. The bank uses these funds to lend to borrowers, charging interest on the loans as a way to make a profit.

User Avatar

AnswerBot

7mo ago

What else can I help you with?

Related Questions

When you borrow money from a bank where does that money come from?

When you borrow money from a bank they pull cash from the bank's reserves. This collection of cash is the net cash reserves within the bank or its network from depositors in the system.


From where do people borrow money?

the bank


What is the process of paying a bank to let you borrow money called?

The process of paying a bank to let you borrow money is called "interest."


Who pays money at bank?

The person who borrow money.


Whom should you at the bank if you need to borrow money answer key?

whom should you see at the bank if you need to borrow money? worksheet answer key


How old do you have to be to borrow money from the bank?

2


Commercial banks and their relationship with the reserve bank?

we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank


What do you call a bank employee who helps customers borrow money?

A bank employee that helps customers borrow money would be called a loan officer.


Can you borrow money from the bank in Monopoly to pay for properties or other expenses"?

No, you cannot borrow money from the bank in Monopoly to pay for properties or other expenses.


How do you you change this sentence into passive voice we shall borrow money from the bank?

Money will be borrowed from the bank.


Why do you receive interest on money that you keep in the bank?

The bank is paying you (compensating you) for the use of your money. When you borrow money from the bank, you pay them interest.


Can an Australian citizen borrow money from a bank in Japan?

no