Question

what are the advantages of opening bank account ?​

Answer 1

Answer:

The advantages of opening 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 advance and loans
• bank account helps in smooth financial transactions
• bank account holders can get safe deposit lockers facility.

Answer 2

There are more benefits But the most probabl which I got is

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

through online bill pay. ...

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

3.It's an easy way to save money. ...

4.Bank accounts are cheaper. ...

5.Bank accounts can help you access credit.

Hope It Helps Uh✌