Why I Should Be Saving?

Why I Should Be Saving?. Often people feel overwhelmed if you have to save money, but save a lot of benefits for future life. There are several reasons why you should set aside some money from your earnings during the month. Here are a few reasons; why you should be saving.

1. Saving for Emergencies Fund.

It is important to cover unexpected costs. For example, the cost to repair a car that suddenly strikes on the road or the cost for hospital treatment due to sudden appendicitis, and there are still many costs other unforeseen. Money should you save for emergency fund, ideally a minimum of three to six months of part of your income.

2. Saving for Retirement.

The sooner you start saving for retirement, the less money you have saved in the future. So you can enjoy your retirement period without a load.

3. Saving for the Down Payment Paying for Buying House.

Buying a home is not easy. Usually you have to pay a deposit in advance of 20 per cent of the price of the house completely. If you've been saving since the beginning in order to buy a house, then you will be able to pay a deposit to buy a house you want quickly.

4. Saving for the holidays.

Also need to have fun and enjoy the holiday for refreshing with the results of your efforts during the work. But for a vacation in comfort, stay at a luxury hotel, or walk out of the country does not even cost a bit. You also need to save for a holiday with friends or your family. The more you are diligent saving, the more money you also get to use during the holidays.

5. Saving for Buying a New Car.

To be able to buy a new car with cash, you need to save first with a fairly long period of time. If money is collected, then when you buy a car, you can negotiate with the dealer. Because usually when buying a new car with cash, car prices can be much lower.

6. Saving for the Sinking Fund.

Sinking fund is where you have your income set aside for future improvement. For example such as the cost to renovate the house and so on. Given this planning can help you to not take money from other savings.

7. Saving for Education Fund.

If you are a graduate degree, you generally have a desire to continue to pursue higher education. To be able to realize your desires, it must save part of your income to fund your education. You also need to consider the education fund for your child when the time comes.

Why have to save?, You definitely have its own reasons for doing so. ( Let's To The Bank )

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Beware The Offer Lucrative

Protect Your Money.

Technological advances have positive impact on easily and quickly perform banking transactions. Currently you can perform banking transactions anywhere and anytime, via the internet (e-banking), mobile phone (m-banking), phone (phone banking), or via SMS (SMS-banking). On the one hand, this may facilitate the public in determining the choice of financial transactions, but on the other hand can open up opportunities for abuse.

Banking Crimes and How to Avoid It.

You are protected in order to perform banking transactions, make sure you know some of the crime of banking:

1. Fraud by telephone.

Performed by the perpetrators of crimes by calling you and proclaim you got a gift, the family experienced natural disasters or states interest in the goods that you advertise. Based on that the caller would "guide" you to get to the ATM and follow your lead caller's instructions.

How to Avoid:

First checks the caller's identity. Immediately close the phone and do checks on the information you receive. In general, companies do not require winning the lottery organizers to transfer some funds to the company organizers. If you received a phone call telling me that your family is unfortunate, do not panic and do not follow orders callers. Ask callers identity and do checks. If you place an ad to sell or rent your assets, be careful of callers are very easy to agree with the price that you offer and promised to transfer some money as a "sign so or advance". Do not be lulled by the words of the caller, especially if you are then asked to go to an ATM to check your balance. Immediately close your phone to avoid this kind of fraud.

2. Email scams.

There are times when you receive an email that seemed to come from banks and seemed genuine. In this mode offenders require you to enter account number and PIN number. Another way is to create a website address of your bank that seems genuine but is actually a fake website. You will be prompted to enter your account number and your PIN number in this website with the "excuse" for updating your personal data.

How to Avoid:

Never respond to emails that ask you to enter your account number (or user-id) and PIN number. Your bank may not request personal data via email because the bank already has that information. If you go to the bank's website to perform banking transactions, make sure your website address is correct and you have the additional security procedures such as tokens, as well as user-id and password.

3. Fraud through an investment in return for offering very high interest rates.

In this mode a company offering an investment with a promise to give very high yields. Be wary of deals like this because there are a number of offers that proved unable to meet the returns as promised.

How to Avoid:

Ask yourself whether it is fair exchange for a very high interest on your investment. Do check in advance on the credibility of a company that offers investment. Make sure you're protected from the law before deciding to make an investment.

4. Fraud by using credit cards on the Internet.

More and more shops or merchants who offer products and services via the telephone or the Internet, with the ease of payment using a credit card. You are only required to mention the credit card number, validity period (expiry date) and 3 (three)-digit secret code printed on the back of your credit card and the transaction was done.

How to Avoid:

Make sure you understand about the products and services offered from the store or merchant, as well as understanding about the terms & conditions of goods or services offered. Do not give your credit card number, validity period and 3 (three)-digit secret code that is located on the back of the card credit, to anyone before you accept the benefits of products and services offered.

5. Counterfeiting call center phone number of your bank.

In this mode makes criminals like your bank ATM machine damaged and your card is swallowed. Panicked, you will unwittingly contact number call center "fake" that are around ATM machines. Then you will be asked to name the phone receiver PIN number and promised that a replacement ATM card will be sent. Armed with your PIN and your card, criminals will take your money.

How to Avoid:

Record the bank's call center phone number where you as a customer. If you call that number, in general, you will be answered by automatic answering machine and asked to enter a specific service option. You can select a menu that is directly connected with the customer service. Never give your PIN number because the bank will never ask customers PIN number.

How to avoid a banking crime.

* Make sure you know your bank call center numbers.
* Do not give card number or expiration or last three digits on back of credit cards to merchants who do not know.
* Do not give your PIN number to anyone, including the bank's officers or the people closest to you.
* Do not provide credit card or your ATM card to another party because banks never ask for your card again.
* If you return the card to the bank, make sure your card has been cut.
* Your payment card (ATM card, debit or credit cards) must always be within your control.

Make sure you read the terms and conditions of any banking product that you will use!
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Identify Call Center in Your Bank

Want to ask about the condition of your account at the bank? Do you have a complaint in a trade?. Immediately contact your bank's customer information center that is often referred to as the Call Center via telephone number which has been informed by the bank to its customers. The phone number can be obtained at the back of credit card / ATM card, monthly account statements, invoices monthly credit cards and ATM machines on the screen.

Advantage.

The advantage to contact the call center is efficient and free.

Efficient, you can save time and energy because you do not need to visit your bank branch.
Free, many tanks have a call center that can be accessed 24 hours a day, 7 days a week throughout the year from anywhere in the world when you need help.

Call Center Services Provided.
Call Center can provide services:
* Information on banking products provided by your bank.
* Solutions to the problems you face in using services and products your bank.
* Accommodating your complaint and proceed to the relevant section in the bank for further settlement efforts.
* Perform an early security of your account as soon as you report the occurrence of events that led to the loss of ATM cards, credit cards.
* Helps to update your data on the bank, for example a change of address, phone number changes, and others.
* Some call centers can perform banking transactions on a limited basis.

Contact the Call Center instructions.
* Make sure you know the phone number of your bank call center. Some banks have a special number that can be reached via cell phone, and there also has the facility collect calls (if you are overseas).
* Make sure you know the bank account numbers or credit card.
* Make sure you are ready with the data required for verification over the phone on when you get into the automated call center services.
* Take advantage of automated services are available.
* If the help you need is not contained in the automated service menu, do not hesitate to choose the service to speak directly with call center staff.
* Tell your problems to staff call center clearly.
* Make sure you know and record the name of the call center staff who serve you.

The Things That Need Attention.
* Make sure you record the number of call center and find out your bank official.
* Do not give your PIN number to the call center staff for any reason, because the bank will never ask for customers' PIN numbers.

Make sure you read the terms and conditions of any banking product that you will use!
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How You Well Known By The Bank

Transparency or openness within certain limits or goals become a necessity in the form of trust. The lack of transparency, corruption, collusion, nepotism and Money Laundering Measures is very harmful to society and our nation, both economically and morally. It demands transparency will extend to all areas, including banking.

You should be familiar with the bank's potential cooperation partners, and vice versa. Banks should be familiar with the prospective customers. How do banks get to know you as a customer or prospective customer?. Here is some information that can help you.

How You well Known By Banks?

For financial institutions, banks are obliged to serve you as a customer or prospective customer. It required a complete and accurate data, so the bank can meet your needs in accordance with the promise or offer of the bank. Today's central bank has made? provisions.

You know how banks as clients as well, according to the principles of the Customer to know more popularly called the Know Your Customer Principles. As a society (Customers or prospective customers), it is appropriate for you to learn more.

What is Know Your Customer?

Know Your Customer Principle is the principle applied to the bank to find out your identity as a Customer, the Customer transaction monitoring activities including the reporting of suspicious transactions to the Center for Financial Reporting and Analysis transactions.

What is important you do?

You simply provide data or fill out completely and accurately. The data requested include name, residence address, occupation, field efforts, funding sources, the intended use of funds, the purpose of account opening.

What's in It for You Provide Complete and Accurate Data?

By providing complete and accurate data to the bank the benefit to you is:

* Make you more and more trusted by the bank.
With your data is complete and accurate then opening your account is received by the bank, your credit application is processed quickly, and many other convenience because you deserve to be trusted.

* Reduce your risk of doing business.
With complete and accurate data then sending the information / report your business does not fall into the other party that may pose a risk and unintended negative impacts.

* It has participated actively assist the government in preventing and combating corruption, collusion, nepotism and money laundering.

* With a complete and accurate data, then the business smoothly and your life is much quieter.

How to Know Your Bank?

There are two main things that made?, namely:
1. Identifying.
2. Monitor the activities of banking transactions, including the reporting of suspicious banking transactions.

Identification.
Your identification by the bank:
* At the time of account opening.
The bank will ask for your (potential customers) to fill a complete and accurate data.
* Updating your data.
This activity is done for you are already a customer, and is performed at a certain period.

Monitor transactions and report suspicious transactions.
The Bank will monitor your banking transactions and to report such transactions if there are:
* Suspicious banking transactions.
* Banking cash transaction with a certain amount.

Make sure you read the terms and conditions of any banking product that you will use!
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Know Your Saving

You have money but still keep in piggy bank or a closet? It's already outdated. There is now mostly found around your bank. That's where you can save money and pull it back when needed with easy and quick process.

What is saving?.

Savings money in bank deposits withdrawal can only be done under conditions certain. Generally, banks will provide savings books which contains information on all transactions that you do and complete with ATM card number Private (PIN).

What's in it save money in the bank?.

* Safe.
Money is stored safely in the bank, not easily stolen or lost.
* Guaranteed.
Savings are guaranteed by the Institution Deposit Insurance Corporation  in accordance with existing provisions.
* Developing.
Bank will provide interest which is calculated based on the savings balance.
* Practical.
There is ease of banking services electronically 24 hours per day including ATM, SMS Banking, Mobile Banking, Internet Banking, Phone Banking and Call Center.
* Save.
If accustomed to saving, you can set aside money and avoid the habit buy goods that are not needed.

What should be filled with customers?.

* Perform an initial deposit for opening account in the minimum amount specified the bank.
* Completing the form opening a savings accompanied by necessary documents.
* Pay the administrative costs that have been set by the bank.

Tips wise use of savings.

* Choose a bank that provides services in accordance to your needs.
* Make sure your savings are eligible for guaranteed by the Deposit Insurance Corporation.
* Read and note the provision of savings products which would you choose.
* Save money is not used in a savings and do the withdrawal in accordance with the purposes only.
* Keep your savings in order to balance the interest obtained each month is greater than the cost monthly administration so that your savings not reduced.
* Use of electronic banking transaction services to be cost-effective, energy and time, because not need to come to the bank branch.

Make sure you read the terms and conditions of every banking product that you will use!
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Populer Terms Of Banking

Collateral.
Guarantees given to debtors banks in order to award credit facility or of financing.

Automated Teller Machine (ATM).
Machine with a computer system that is activated by using a magnetic card bank coded. Through the machine, customers can save money, get cash, transfer funds between accounts, and transactions Other routine.

Bilyet.
Forms, notes, and other written evidence that can be prove the transaction, contain a description or orders to pay.

Interest Bank
A number of compensation granted by banks to customers for funds deposited in bank calculated by a certain percentage of the principal deposits and term deposits or rate of interest charged by loan given to the debtor bank.

Cheque.
Written instructions to the bank's customers to attract a certain number of funds on its behalf or bearer.

Black List.
List names of individuals or corporate clients affected by the sanctions for doing certain actions are detrimental to the bank and the community.

Deposits
Withdrawal of savings can only be done at any given time based on customer agreements storage with a bank.

GIRO (Current Account).
Deposits that withdrawal can be done every when using a check, bilyet categories, the means Other payment orders, or with overbooking.

Collection.
Billing checks, money orders, and other debt securities to issuers of securities and receive payment from the paying bank (paying bank)

Security Bank(Bank Guarantee)
Guarantee payments made to parties recipient of a guarantee, if the party is not guaranteed meet its obligations.

Debit Card.
Bank card that can be used to pay a transaction / and or withdraw some funds the expense of the cardholder's account concerned with the use of a PIN (personal identification number)

Credit Card.
Cards issued by banks or companies manager of a credit card which entitles the people who meet certain requirements named on the card for use it as a means of payment credit on the acquisition of goods or services, or to withdraw cash in the credit limit as has been determined by the bank or company manager of a credit card.

Packages Fund (Fund Transfer).

1. Transfer of funds between accounts that or parties related to the account third;
2. Overseas remittances between institutions sending financial and financial institutions other as a receiver.

Clearing
Calculation of debt among the participants centrally in one place by way give each other securities and trade papers that have been set for can be calculated.

Deposit Box (SAFE DEPOSIT BOX).
Deposit box rental property or securities that are designed to of special steel material and placed in chamber repertoire that is strong, resistant and unloading fire resistance to maintain the security of the goods stored and providing security for its.

Credit.
Provision of money or bills that may equivalent based on the consent or borrowing between banks and other parties who require the borrower to repay the debt after a certain period with the provision of interest.

Deposit Insurance Corporation.
Legal entities conducting guarantee on customer deposits.

PIN (Personal Identification Number)
Secret number given to the holder cards (credit cards, ATM cards, debit cards, and etc.) which can code number given by the bank or company financing or determined by cardholder.

PRINCIPLES KNOW YOUR CUSTOMER.
Principles applied by the bank to find out your identity as a customer and monitor customer transaction activity.

Debtor Information System (DIS)
Systems that provide information about debtor which are processed from debtor reports received by the Central Bank from the reporting agencies.

Savings.
Deposits that withdrawal can be done according to certain agreed conditions, but can not be withdrawn by check, giro, and / or other equivalent means of it.

Transfer / Remittance
Services to send money from the account holder one into the other account holder or The same account holder, from one city to other cities or to the same city, in local currency or foreign currency.

Customer Service Unit.
Section or unit responsible bank to answer questions and solve facing customer complaints. The unit is usually called the customer service unit or for customer service by phone called the call center. ( Let's To The Bank )

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Choose Investment Products

Choose Investment Products for those of you who now have savings in sufficient quantities. We recommend that you invest money in order to get more satisfactory results. You must choose a particular investment product in order to obtain equivalent results.

Do not be confused, maybe you still lay in investment issues, so long as you choose a savings of this alone to save you money. There is nothing wrong with money languishing in a savings account, but you should remember is, if money is a big par, then you should move those funds into other investment products, in addition you get a higher interest rate, you certainly more restrained in its management, for investment products usually limit their customers to be able to take any time owned funds.

Types of Investment Products

You must know in advance of investment products, see review below:

1. Savings.

By saving your money in savings, you will get a certain amount of bank interest rates in line with bank policy. Usually you deposit money can be taken at any time, anytime, any size, the bank did not specify the ban for this.

2. Deposits.

This product is almost the same as savings. The difference is, if your money is deposited, then you should not arbitrarily take your money, unless money has been settled within a certain time. Usually it is just 1-2 years may be taken. Deposits typically have higher interest rates than savings in the bank. And as long as you have not yet matured deposit, your money is not affected by interest rates, because the earlier you and the bank has signed a binding letter of agreement, among other things maturities, the amount of initial deposit and subsequent payments, interest rates, etc..

3. The Stocks.

Stocks are ownership rights over a company. By buying stocks, you mean buy some company. If the company had a profit, every year you will receive a profit sharing company that amount in accordance with the percentage of shares you have. Profit sharing is called dividend. In addition you can also sell it back, either with a high price or a price that is cheaper. If you sell stocks with high price you get a Capital gain, whereas if sold at a low price you get a Capital loss. So the benefits of investing there are two, namely the stock dividend and capital gain.

4. The Property.

Investments of this type can be in the form of houses or land. Benefits to be gained from investing in property are: Property that you buy can be occupied or rented others so profited and subsequent property purchased can be sold back to the relative price rises, because the land and house prices tend to rise continuously.

This is the kind of investment the most demanding businesses and individuals. Review of investment products suitable for families who already have a large savings and wish to develop their money in order to get profit. One of the keys to success in investing is to find a lot of information fields that will be our investment because with a lot of information, the possibility for a small loss because we already know the prospects first. ( Let's To The Bank )

May be useful.

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Knowing The Electronic Banking

Banks provide Electronic Banking to meet your needs will alternative media to conduct transactions banking, other than those available in the branch office and ATM. With Electronic Banking, you no longer need waste time queuing at the bank offices or ATM, because many banking transactions can be done anywhere, and whenever easy and practical over the network electronics, such as internet, mobile phones, and telephones. An example is the transfer of funds between accounts and between banks, payment of bills, purchase refill pulse, or checking mutations and account balances.

How to Get E-Banking ?

You who already have a savings account or Giro can apply the E-Banking service, which include internet banking, mobile banking, phone banking and short message service banking.

1. INTERNET BANKING.

You can perform banking transactions (Financial and non-financial) through a computer bank is connected to the Internet network.

Type of Transaction:

- Transfer of funds.
- Balance information, transfer of accounts, information exchange rate.
- Payment of bills (credit cards,telephone, mobile phone, electricity)
- Purchasing ( refill pulse, tickets plane, shares)

Things that need to be considered for Internet Banking transaction security.

- Never tell your User ID and PIN (Personal Identification Number) you to others, including the officers and employees of the Bank.
- Do not lend KeyToken safety your transactions to others.
- Do not record your User ID in place are easily known to others.
- Use your User ID and PIN are carefully not to be seen and known by other.
- Make sure you access the bank's website address with care. Understand well the site your bank

2. MOBILE BANKING.

Banking service is accessible directly through the mobile phone / GSM mobile phone (Global for Mobile Communication) with Using SMS (Short Message Service).

Type of Transaction:

- Transfer of funds.
- Balance information, transfer of accounts, information exchange rate.
- Payment (credit card, Electricity, telephone, phone, electricity, insurance)
- Purchasing (refill pulse, shares)

Things that need to be considered for Mobile Banking transaction security.

- You must secure PIN Mobile Banking.
- You are free to create your own PIN. If was known by others, immediately do the replacement PIN.
- If your GSM SIM Card is lost / stolen / transferable to another party, immediately tell your nearest bank or soon to the Call Center telephone bank.

3. PHONE BANKING.

Service is provided to ease in obtaining banking information and to conduct financial transactions through non-cash the phone.

Type of Transaction:

- Transfer of funds
- Balance information, transfer of account
- Payment (credit card, Electricity, telephone, phone, electricity, insurance)
- Purchasing (pulse reload)

Things that need to be considered for Phone Banking transaction security.

- You must secure PIN Phone Banking.
- You are free to create your own PIN. If was known by others, immediately do the replacement PIN.

4. SMS BANKING.

Banking is an information service that can be accessed directly via the mobile phone / mobile phone by using the media SMS (short message service)

Type of Transaction:

- Transfer of funds
- Balance information, transfer of account
- Payment (credit card)
- Purchasing (pulse reload)

Things that need to be considered for SMS Banking transaction security.

- Do not tell the access code / number Private Banking SMS to others.
- Do not record and save the code Access / Private SMS Banking number at convenient place known to the others.
- Every time you make a transaction via SMS Banking, wait a few moments to You receive a response back on transaction them.
- For each transaction, you will receive notification message for the transaction in the form of SMS that will be stored in the inbox.

Advantages of Electronic Banking.

Easy.

1. Can be used anytime and anywhere.
2. Just by using commands through computer and / or communication tool that you use, can directly conduct transactions banking without having to come to the office of the bank or to an ATM (except to get cash).

Safe.

1. Electronic Banking equipped with security user ID and PIN to ensure the safety of transaction that you do.
2. Some banks also use Key Token additional tools for secure transactions financially, such as Internet Banking. With Thus, the more secure your transaction.
3. SMS Banking is equipped with a protection system using the access code / private numbers that you choose yourself and phone number You have registered.

Make sure you read the terms and conditions of every banking product that you will use!.
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Banking and Activities

Banks are financial institutions whose activities are collecting and distributing funds from the community back to the community, the bank also provides services in the financial sector to the public.

Banks can be classified according to their activities, legal form, ownership, and organizational.

1. According to bank activity.

According to its activities, the bank consists of a central bank, commercial banks and rural banks.

a. Central Bank.

The central bank which is an independent institution, free from government interference and other parties, except for matters expressly provided for in the laws in each country.

Duties and obligations of the Central Bank.

* Establish and implement monetary policy.

* Organize and maintain the smooth payment system.

* Manage and supervise banks.

* As a provider of last resort for commercial banks funds, in the form of liquidity assistance

In performing its duties, the Central Bank led by the Board of Governors consisting of a governor, a senior deputy governor, and at least four people or as many as seven deputy governors.

b. Commercial Banks.

Commercial banks are banks that can raise funds from the public in form of demand deposits, time deposits and savings, providing loans and payment traffic services in the financial sector to the public,

c. Rural Bank.

Rural banks are banks that accept deposits from the public only in the form of time deposits, savings, and lending to the public.

2. According to Legal Forms Bank.

According to the legal form, consisting of banks in the form of limited liability company, cooperative, firm, corporation or individual.

3. According to bank ownership.

Under its ownership, the bank can be grouped as follows.

a. State-owned banks

State-owned bank is the bank that its capital resources derived from state assets set aside to establish the bank.

b. Private-owned banks

Owner of private banks are banks that source their capital from private national or foreign private.

c. Local Government-owned banks

Local government-owned banks are government-owned development banks.


4. According Bank to organization.

To organization, the bank consists of unit banking, branch banking and banking correspondence.

* Unit banking is a bank that has only one organization and does not have branches in other areas.

* Branch banking is a bank that has branches in other areas.

* Correspondence banking is a bank which conducts inspection of import and export documents or main activity is outside the country.


BANKING PRODUCTS

Bank purchase funds from the public (passive credit), then sell the credits to the public (on credit). In addition, the bank also provides financial services to communities in other financial areas.

1. Passive credit

a. Giro.

Demand deposits are deposits that can be used as a means of payment and withdrawal can only be done at any time by using a check or demand deposit (checking = demand deposits).

b. Time Deposits.

Time deposits are deposits that withdrawal can only be done within a certain period, eg 1 month, 3 months, 6 months, or 12 months.

c. Certificates of Deposit.

Certificates of deposit are time deposits with evidence of storage can be traded.

d. Savings.

Savings deposits withdrawal is not tied to a specific time period.

e. Deposit on Call.

Deposits on call is a permanent fund in the bank for depositors do not need it. If it's going to take deposits, depositors  must more first notify the bank.

f. Deposits Automatic Roll Over.

Automatic rollover deposits are deposits that have matured but have not been withdrawn by the depositor and the flowers directly calculated automatically.

2. Active credit.

a. Credit Account.

The bank provides loans to customers (clients) that can be taken in parts as needed. Newspaper accounts credit guarantees are securities, goods in the warehouse lenders, and delivery of goods to move or not move.

b. Credit Reimburs.

Reimburs credit (letter of credit) are loans given to customers (clients) on the purchase of some goods, and who pays the bank.

c. Credit acceptors.

Credit acceptors are loans given to customers by issuing money orders. Money orders can be traded.

d. Documentary Credit.

Documentary credit is a loan provided to customers, clients submit documents after shipment of goods that have been approved by the captain of the ship carrying the goods.

e. Loans with Collateral Securities.

Loans with collateral securities are loans given to customers to buy securities, and marketable securities at the same time it serves as collateral.

3. Banking services.

Principal business is buying banks and public funds then available to the public.

a. Sending Money (Transfer)

Remittances between regions and between countries carried out by the bank at the request of customers.

b. Do discount.

Bank guarantees the securities being traded by the public.

c. Implement collection.

Banks collect notes (bonds) on behalf of its clients and other parties.

d. Provide Bank Guarantee.

Bank guarantees its clients in executing an agreement or transaction. If the customer does not fulfill its obligations under the agreement, the bank will pay for losses incurred.

e. Renting of Storage of Goods or Securities.

Bank to its clients rent storage of valuables. for example, marketable securities owned by customers can be kept in crates (safe deposit) provided by the bank.

f. Ensuring Placement Securities.

Bank guarantee the availability of funds for companies that sell shares to the public, although the stock is not sold on stock exchanges.

g. Credit Card Issuing.

Banks issuing credit cards to customers who make purchases at a department store or the payment of services to various agencies.

h. Travel Cheque issued.

Bank provides travelers checks to their customers, to facilitate these customers finance transactions during the trip.

i. Buying or Selling Foreign Currencies.

Bank conducts foreign exchange currency into domestic currency into foreign currency, foreign currency and exchange with other foreign currencies.

j. Provides ATM.

Bank provides ATM to facilitate customers to take the money without having to come and queue at the bank. ATM machines are often found in shopping.
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