what are the various services provided by the banks to the customers
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Different types of business banking services which provided by the bank.
1. Business loans.
2. Checking accounts.
3. Savings accounts.
4. Debit and credit cards.
5. Merchant services (credit card processing, reconciliation and reporting, check collection)
6. Treasury services (payroll services, deposit services, etc.)
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In the modern world, banks offer a variety of services to attract customers,
However, some basic modern services offered by the banks are given below:
- Advancing of Loans.
- Overdraft.
- Discounting of Bills of Exchange.
- Check/Cheque Payment
- Collection and Payment Of Credit Instruments
- Foreign Currency Exchange.
- Consultancy.
- Bank Guarantee.
- Remittance of Funds.
- Credit cards.
- ATMs Services.
- Debit cards.
- Home banking.
- Online banking.
- Mobile Banking.
- Accepting Deposit.
- Priority banking.
- Private banking.
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