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Keeps money safe. Accepting deposit. Agency Functions. Functions and features of a bank!. Giving loans. Over draft. Investment of funds. Miscellaneous Functions. Discounting of Bills of Exchange. Functions of a bank! .
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Keeps money safe Accepting deposit Agency Functions Functions and features of a bank! Giving loans Over draft Investment of funds Miscellaneous Functions Discounting of Bills of Exchange
Functions of a bank! Banks are so useful not just for storing you money but for everything… There are many, many banks scattered across the world such as: • Lloyds TSB • HSBC Bank • Standard Chartered • Royal Bank of Scotland • Northern Rock • Alliance & Leicester • Co-operative Bank • Bank of Scotland • Cheltenham & Gloucester • Coutts & Co • First direct • Halifax • Harrods Bank • Intelligent Finance • NatWest • Reliance Bank • Sainsbury's Bank • Smile • Tesco Personal Finance. • Ulster Bank • The Woolwich • Alliance & Leicester • Bradford & Bingley • Clydesdale Bank • Egg Banking • Yorkshire Bank
DANGER!!!!!!! Anyone can just reach in Take your money and Its gone…… Where as a bank.. Stores your money In a safe place only you can access using…
Reasons we have a bank… • The main functions of commercial banks are accepting deposits from the public and advancing them loans. • However, besides these functions there are many other functions which these banks perform. All these functions can be divided under the following heads: • 1. Accepting deposits • 2. Giving loans • 3. Overdraft • 4. Discounting of Bills of Exchange • 5. Investment of Funds • 6. Agency Functions • 7. Miscellaneous Functions