Mention two advantages of a bank account.
Answers
Answered by
1
1. Bank accounts are safe.
2.It's an easy way to safe money.
2.It's an easy way to safe money.
Answered by
3
Bank accounts are useful as
we can save money in the account, draw and use money when we need.
Money deposited in an account grows with some interest.
Money is safer in bank than at home, thieves cannot steal
We can transfer money if required (like paying fees) to school, or to another
person when needed. We get a receipt (proof) for a transaction.
Signature in the bank account is used as a proof for signature for young persons.
we can save money in the account, draw and use money when we need.
Money deposited in an account grows with some interest.
Money is safer in bank than at home, thieves cannot steal
We can transfer money if required (like paying fees) to school, or to another
person when needed. We get a receipt (proof) for a transaction.
Signature in the bank account is used as a proof for signature for young persons.
Similar questions
Math,
8 months ago
Biology,
8 months ago
Biology,
1 year ago
Hindi,
1 year ago
Social Sciences,
1 year ago