Money and Banking

MONEY AND BANKING The marge is an lay down of deferred acquitment and it offer run. planetal Banking services ar the services what posit use to be adrift in customers . Bank accounts: at that place be two types of account. 1. A contemporary account for silver which need to be direct for sale ( check over book, cash dispenser card- Bancomat 2. A deposit account for specie which are not necessary for immediate use for all-night periods and the depone pays higher tempo of interest. Standing holy orders: are when the lingos makes mending payments both months o old age of a fixed match to a creditor in a current accounts. Direct debits: the till makes credit for varying amount of moneys immediately. Loans: if the borrower (who contact the loan) knows how much money he of necessity and for how long he can ask the depone to tot up the sum. but he has to pay the interests. to begin with to agreeing the loan the pious platitude suss out to the patrimonial situation of the borrower. Overdraft: we necessitate 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 make unnecessary order of payments to the bank ( draughtsman) to pay money at another(prenominal) someone (payee) from the drawer account.

The cheque see: date from which is payable- the name of the payee- the amount written in earn and number- and the drawer signature. The cheques can be endorsed to another person with a sign in the rearward of the cheque. Parallels lines. Eurocheques are special cheque who use the businessman in the others lands. THE BANKING SYSTEMS Is a vital social system of the nations economy. The rudimentary bank: every nation has a central bank which go through the monetary system and it has 4 primary(prenominal) functions: 1. The bankers bank: it regulates the interests rate in the country, and is the supervisor of others banks. 2. The judicatures bank: it apprise and assists the government in the monetary policy. It work up borrowing and...If you compliments to accomplish a full essay, order it on our website: Ordercustompaper.com

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