Question

Besides finance, which other services are provided by banks?

Answer 1

Answer:

Individual Banking—Banks typically offer a variety of services to assist individuals in managing their finances, including:

1. Checking accounts.
2. Savings accounts.
3. Debit & credit cards.
4. Insurance (as per their tie up with different insurance companies)
5. Wealth management.
6. Merchant services (credit card processing, reconciliation and reporting, check collection)
7. Treasury services (payroll services, deposit services, etc.)

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