Question

list out the caracteristics of bank
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Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

The main characteristic of any bank transaction is the:-

1. Contractual relationship that forms between a banker and a customer. It is like any commercial transaction.

2. The relationship between the banker and the customer is the foundation on which mutual duties, privileges and liabilities are built.

3. The bank performs various transactions on behalf of the customer in consideration of that they charge some fees.

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