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Bank Services

The Services that Banks offer to the Public:

  1. Carry out currency exchange
  2. The many different roles banks play in the economy-example: the intermediation role, payment role, guarantor role, risk management role, saving/investment advisor role, safekeeping/certification of value role, agency role, policy role.
  3. Discounting commercial notes and making business role.
  4. Offering savings deposits
  5. Safekeeping of valuables and certification of value.`
  6. Supporting government activities with credit.
  7. Offering demand deposit (Chequing accounts)
  8. Offering trust services.