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How Can Banks Help You To Manage Personal Finance?
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[QUOTE="Kingsley, post: 218755, member: 30278"] Yes there are ways banks actually help their customers to manage there funds, banks naturally is a place specially designed for the safe keeping of money and other valuables. However this is not the only aspect that banks generally deal with as they also engage in other services that are essential to made business activities to thrive in a country. With our elementary understanding of trade, we know trade is the buying and selling of goods and services, then we also have the aids to trade this include things like communication, transportation, banking, insurance and the likes. So banking aids or facilities business transactions both locally and internationally. Then we also take a closer look at their operations in terms of the types of bank accounts they make available to their customers we will realise that their are three basic type of bank accounts with various respective functions. Like thr savings account, that one special for saving funds and be accessed from time to time, they have the current and fixed deposits. The fixed deposit is where the customer of the bank get to earn some certain amount from their funds deposited in the fixed deposit at the end of the period. [/QUOTE]
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How Can Banks Help You To Manage Personal Finance?
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