Hot Student Stories
top-5-grammar-and-spelling-checkers-to-rock-in-2019

What does a bank do?

Jodi Brooks

in Student Loans

follow
followin
1 answer
1 view

1 answer


Amanda Johnson on October 5, 2018

In basic terms a Bank accepts money for deposit - paying interest for the use of persons or businesses for protection money and then turns around and gives that money charging of payment and/or interest for the use of borrowed money. Today banks facilitate transactions, such as direct deposit or purchases through electronic means.


Add you answer