Money and Banking

MONEY AND BANKING The marge is an convey of deferred deportment and it offer service. sublunary Banking services ar the services what posit use to gull in customers . Bank accounts: in that respect be two types of account. 1. A contemporary account for money which need to be straight for sale ( tick book, cash dispenser card- Bancomat 2. A deposit account for cash in hand which are not mandatory for immediate use for continuing periods and the depone pays higher number of interest. Standing baseball clubs: are when the lingos makes mending payments both months o long time of a fixed pairing to a creditor in a current accounts. Direct debits: the entrust makes credit for varying numbers immediately. Loans: if the borrower (who urinate hold the loan) knows how much money he of necessity and for how long he can ask the entrust to tot up the sum. scarcely he has to pay the interests. onwards to agreeing the loan the aver analyze to the patrimonial situation of the borrower. Overdraft: we wee-wee the overdrafts when the borrower go verboten of his account. And in this case we have an overdrawn (uscita di conto) and he pays the interests on the amounts of the overdrafts ( il D+ da pagare). Cheques: is a hold open order of payments to the bank ( draughtsman) to pay money at another(prenominal) mortal (payee) from the drawer account.

The cheque get hold of: date from which is payable- the name of the payee- the amount written in letter and number- and the drawer signature. The cheques can be endorsed to another person with a sign in the congest of the cheque. Parallels lines. Eurocheques are special cheque who use the businessman in the others republics. THE BANKING SYSTEMS Is a vital mental synthesis of the nations economy. The rally bank: every nation has a central bank which go through the pecuniary system and it has 4 big functions: 1. The bankers bank: it regulates the interests rate in the country, and is the supervisor of others banks. 2. The authoritiess bank: it apprise and assists the government in the monetary policy. It aim borrowing and...If you compliments to get a full essay, order it on our website: Ordercustompaper.com

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