What Is Bank? How Can Define Bank? Establishment Of Bank?

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Anonymous Profile
Anonymous answered
A corporation empowered to deal with cash, domestic and foreign, and to receive the deposits of money and to loan those monies to third-parties.
A bank is an establishment or institution where individuals can go to handle their finances. Banks primarily make their money by lending money to their customers and charging interest on the money borrowed. Banks can also collect money from their customers when they charge fees for the use of their ATMs, fees for accounts under their minimum balance, and fees for overdrawing an account.
Anonymous Profile
Anonymous answered
Bank is the media wherever customer and bank deals of money cheques and drafts and bank is also lending money to the eligible person as loan get intrests on it and help to people and government for information
Anonymous Profile
Anonymous answered
Bank is a superb to take rest.(river bank)
tina harris Profile
tina harris answered
A bank is somewhere to keep your money at.. In a safe place.  Where it into saving of money...ever one needs a bank account

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