1. Intro of bank and role in economic development.

Define Banking Services:

Standard bank services for customers include checking accounts, current accounts, paying cheques, collecting cheques deposits, cash deposits, payments via telegraphic transfer, Real Time Gross Settlement, Automated Clearing House, Wire transfers, automated teller machine, National Electronic Funds Transfer, issuing bonds, securities, money lending, insurance, mortgage loans, etc.

Other bank services for the customers include equities, futures, options, commodity, foreign exchange trading, personal, corporate, private, insurance, investment banking, etc.

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