What is a Bank?

A bank is a financial institution that keeps money in accounts for individuals or organizations, grants loans, exchanges currencies, provides credit to businesses and offers other financial services. You need to be 18 and above to open a bank account.

Branch Banking is engaging in banking activities based on 3 pillars such as:

1. Acquiring Deposits

2. Providing Loans

3. Doing Transactions

Counter Operations

Cash Deposit, Cash Withdrawal, Cheque Deposit, Cheque Withdrawal, Banker / Certified Cheque Issuance, Internal Transfer, Outgoing Transfer, Payment Order, Forex, Payments.

Customer Service

New Profile Opening, Account Opening, Client Information Update (KYC), Providing Banking Advice, Credit and Debit Cards’ Delivery, Loan Application, Loan Execution, Acquiring Deposits, Service Activation, Business Development, Answer Clients Complaints.

What is an income?

Individuals receive money in exchange for their work either as business owners or salaried individuals. This is known as earnings or income. If you work for an employer, the money you earn is called wages, or salary. People sometimes receive money as gifts, but usually have to earn it by working for it.

What is a currency?

The cash and coins we use, called currency, are what we use in society to pay for goods and services.