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Tuesday, 8 December 2020

All Bank's Number For Check Bank Balance

The word bank is derived from the Italian word banco "desk / bench", a term used by Jewish Florentine chefs to cover their transactions with a green tablecloth over the desk during the Renaissance.  Is known.
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 In fact, the origin of the word goes back to the ancient Roman Empire, where moneylenders set up their small, makeshift shops on a long bench called a bancu in the middle of a closed fence called macella, from which the word banks is derived.  The moneylender at Bancu did not invest much of his money, but only used it to convert foreign currency into legal tender in Rome, to get it into the emperor's mint. [3]  , Of modern Trabzon, 350–325 AD.  Drake of silver from the East is found engraved on the coin, which is in the British Museum in London.  The coin depicts Sharaf's table trapeza laden with coins as a symbol of the city's name.  In fact, even today the modern Greek word trapeza (Τράπεζα) means both table and bank.

 Traditional banking activities
 
 The huge arched door of the old bank.
 Banks act as payment agents covering the checking or current accounts of the customers, paying the checks written by the customers to the bank and collecting the checks deposited in the current accounts of the customers.  The bank also provides wire transfers, EFTPOS, and other payment methods such as ATMs to its customers.

 The bank borrows money by depositing funds deposited in current accounts, accepting deposits for a fixed period of time and issuing debt securities such as currency notes and bonds.  While in current accounts the bank lends money to customers in advance, weekly loans, and in market loan securities as well as other forms of lending. The bank provides almost all types of payment services, and for most businesses / industries, individuals and governments.  Having a bank account is considered essential.  Non-bank services that provide payment services such as remittance companies to substitute bank accounts are generally not considered sufficient. The bank derives most of its funds from domestic and non-financial industries, and lends most of its funds to domestic and non-financial industries, but banks  Non-lenders provide significant and in many cases adequate bank loan options, and market funds, cash management institutions and non-bank institutions in many cases provide substantial alternative to lending their savings to the bank.


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