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Poor customer service can result in loss of customer base. If I were a customer of a bank and if I feel that the service I get from them is poor or not of good quality, I can very well, change my bank and start banking with another bank. The bank can in no way stop me. Moreover, I will tell all my friends about my bad experience with the bank and my friends who want to open new accounts might not want to bank with them because of my bad experience. So the bank not only will lose existing customers but also will lose potential/future customers.

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14y ago

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