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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.
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∙ 13y ago
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What kind of bank account do millionares use?
Rich people use "depositor" banks the same way the rest of us use banks.
Why people use banks?
People use banks; *So if they get there house been ram sack, they will be about to pay for all the damiages *So they can go on trips with there family *So they will not lose they money somewhere that they will not know, so they but there money in the bank. *So they can save up for schooling *So they can help old people with there money. *And there are more things why people use banks.
What banks use certegy?
What Banks use certegy
How banks use the money that people deposit?
Loans & of course they earn interest on it.
How do banks encourage people to use accounts to save money?
high interest rate
What kind of bank account do millionares use?
Rich people use "depositor" banks the same way the rest of us use banks.
Why do people use piggy banks?
because it sounds better than peopley banks! :p
Why people use banks?
People use banks; *So if they get there house been ram sack, they will be about to pay for all the damiages *So they can go on trips with there family *So they will not lose they money somewhere that they will not know, so they but there money in the bank. *So they can save up for schooling *So they can help old people with there money. *And there are more things why people use banks.
Where can someone find a Dept help?
Most banks will help people with debt problems. Banks want to help people because then people will trust the banks more and will feel safer with them, which often means that the customer will use that bank more.
What banks use certegy?
What Banks use certegy
How banks use the money that people deposit?
Loans & of course they earn interest on it.
How do banks encourage people to use accounts to save money?
high interest rate
Economic planning in eradication of poverty?
Use the money of poor people to bail out the banks.
Why do many people do not operate bank accounts?
Some people simply don't trust banks. Others have no money to speak of to warrant putting it in a bank. Some people are afraid of having to use the ATMs. I'm sure there are many other reasons why some people don't use banks.
What did people do before there were banks?
Before banks people put their money in safes
How do banks use math?
the banks use math so they can get their pay and count money
Banks cannot use your money to make loans to people or to make investments. true or false?
false
