Question

list out the characteristics relating to bank​

Answer 1

Answer:

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Explanation:

Characteristics of a Bank / Features of Banking

It may be an Individual/Firm/Company.

It is a profit and service oriented institution.

It acts as a connecting link between borrowers and lenders.

It deals with money.

It accepts deposits from public.

It provides Advances/Loans/Credit to customers.

Answer 2

The list of the characteristics relating to bank transactions is as under:

1. Dealing with money,

2. Acceptance of deposits

3. Lending loans

4. Payment and withdrawal

5. Agency and Utility services,

6. Profit and Service orientation

7. Connecting link

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