A bank is a business institution which provides financial services, usually for profit:
A bank loan is an advance of a specified sum of money to an individual or business (the borrower) by a commercial bank:
A cheque guarantee card is a small plastic card with the name of bank printed on it:
A complex payment is a payment where there is a foreign currency and a string of banks:
As well as currencies and commodities, there is now a huge futures market in stocks and shares:
At the end of the 20-th century the first Joint-stock companies were formed in England to trade overseas:
Bank accounts have varying characteristics:
Banks usually have only one activity:
Banks work mostly in order to gain profit:
If a firm is demanding a long, the bank will use such signals as reliability of the firm, its credit-worthiness and the nationality of the employees:
Individuals and groups of people doind business as a partnership, have unlimited liability for debts, unless they form a limited company:
Islamic banking revolves around several well established concepts which are based on Catholic canons:
Islamic banks operate by the same rules as Christian ones:
Normally a loan agreement starts without a preamble:
The Baltic Exchange, situated in the City of London, is an international concentration camp:
The Bank of England exercises general authority and supervision over the banking and financial system in the United Kingdom and The U.S.:
The credit card is becoming an increasingly unpopular way of payment:
The most basic service a bank can provide to members of the public is to act as a depository for their money:
There are many methods of payment: