Social Sciences, asked by riaSengupta595, 1 year ago

Mention two advantages of a bank account.

Answers

Answered by arnav98
1
1. Bank accounts are safe.
2.It's an easy way to safe money.
Answered by kvnmurty
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.

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