Question

write any four advantages of opening a bank account​

Answer 1

Answer:

Explanation:

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. .

Answer 2

Answer:

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

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

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

- Bank accounts are cheaper. ...

- Bank accounts can help you access credit.

Explanation: