functions and features of a bank!
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Keeps money safe. Accepting deposit. Agency Functions. Functions and features of a bank!. Giving loans. Over draft. Investment of funds. Miscellaneous Functions. Discounting of Bills of Exchange. Functions of a bank! . - PowerPoint PPT PresentationTRANSCRIPT
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Functions and features of a
bank!Over draft
Accepting deposit
Giving loans
Keeps money safe
Agency Functions
Investment of funds
Discounting of Bills of Exchange
Miscellaneous Functions
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Banks are so useful not just for storing you money but for everything…
There are many, many banks scattered across the world such as: • Lloyds TSB• HSBC Bank • Standard Chartered • Royal Bank of Scotland• Northern Rock• Alliance & Leicester• Co-operative Bank• Bank of Scotland• Cheltenham & Gloucester• Coutts & Co• First direct• Halifax• Harrods Bank• Intelligent Finance
Functions of a bank!
• NatWest• Reliance Bank• Sainsbury's Bank• Smile• Tesco Personal Finance.• Ulster Bank• The Woolwich• Alliance & Leicester• Bradford & Bingley• Clydesdale Bank• Egg Banking • Yorkshire Bank
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Anyone can just reach inTake your money and
Its gone……
Where as a bank..Stores your money
In a safe place only you can access using…
DANGER!!!!!!!
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• The main functions of commercial banks are accepting deposits from the public and advancing them loans.
• However, besides these functions there are many other functions which these banks perform. All these functions can be divided under the following heads:
• 1. Accepting deposits• 2. Giving loans• 3. Overdraft• 4. Discounting of Bills of Exchange• 5. Investment of Funds• 6. Agency Functions• 7. Miscellaneous Functions
Reasons we have a bank…