Question

What are the advantages of opening a bank account?​

Answer 1

Answer:

Bank accounts facilitates safe custody and money

Bank accounts help in making payment

Bank accounts helps in collection of money

Bank accounts holders get advances and loans

Answer 2

Bank accounts offer convenience. For example, if you have a checking account, you can easily pay by check or through online bill pay.

Bank accounts are safe. Your money will be protected from theft and fires.

It's an easy way to save money.

Bank accounts are cheaper.

Bank accounts can help you access credit.