Definition of Banking Operations
What is banking operations?
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Thelegaltransactionsexecutedby abankin itsdailybusiness, such as providing loans, mortgages and investments, depending on the focus and size of the bank.
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In another sense, banking operations involves the practices and procedures that a bank uses to ensure that customers' transactions are completed accurately and appropriately. ... Retail banking provides services to the general public, including mortgages, loans, deposits, and checking accounts
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