Question

Which one of the following is NOT included under Retail Banking?

Online Banking
Mobile Banking
High net worth individuals
Corporate entities​

Answer 1

Answer:

High net worth individuals, Corporate entities

Explanation:

There are no Banking are answered

Answer 2

Answer:

Individual customers rather than corporations are served by retail banking, commonly referred to as consumer banking or personal banking.

Explanation:

Retail banking gives individual customers a secure way to manage their finances, get credit, and make deposits. Retail banks provide checking and savings accounts, mortgages, personal loans, credit cards, and certificates of deposit, among other financial services (CDs)

Instead of massive institutions, retail banking offers financial services to individual customers.

Savings and bank accounts, mortgages, personal loans, debit or credit cards, and certificates of deposit are among the services provided (CDs).

Local community banks or subsidiaries of major commercial banks can be considered retail banks.

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