Question

What are the advantages of opening a bank account?

Answer 1

money transaction is very simple

all the society needs are depends on money transfers so it is very needful

Answer 2

Answer:

There are many advantages of opening a bank account.

• Bank accounts are safe to deposit our savings for both short and long period of time.

• Bank accounts are easy and convenient to making and receiving payments.

• we can easily make payment by using internet banking.

• Banks provides all types of loan facilities such as personal loan, home loan, education loan etc.

• Bank accounts allows us to make online payments worldwide.