Question

what are the advantages of opening a bank account ?​

Answer 1

Answer:

good question

What are the Advantages of Opening Bank Account ?

Bank account facilitates a safe custody of money.  

Bank account helps in making payments.  

Bank account helps in collection of money.  

Bank account holders get advances and loans.  

Bank account helps in smooth transactions.  

Bank account holders get a safe deposit locker.  

these are the advantages

please thank my answer if it is useful

Answer 2

The advantages of opening a bank account are:

•Bank account facilitates safe custody of money.

•Bank account helps in making payments.

•Bank account helps in collection of money.

•Bank account holders get advances and loans.

•Bank account helps in smooth financial transactions.