Types of Bank Services
Advancing of loans: Banks are profit-oriented financial institutions. They give advances in the form of loans to customers and create interest from them as profit. Banks give short-term, medium-term, and long-term loans to customers with the help of cash reserves ratio.
Overdraft: The bank gives overdraft facilities to public for which the customer can withdraw cash more than their deposits. Here, the interest rate is dependent upon the amount of cash withdrawn by customers.
Discounting of bills of exchange: Nowadays, this type of method is one of the popular methods of lending money to customers. It is a short-term financing in which a creditor gets his or her money before the maturity period and the bank pays the amount of bill to the creditor after deducting some marginal amount.
Cheque payment: Banks give cheque pads to customers who are account holders in the bank. The customer can draw a cheque to pay money. After making an official verification, banks pay customers for cheques.
Collection and payment of credit instruments: Nowadays, a variety of credit instruments are utilized such as cheques, promissory notes, bills of exchange, etc. With the help of these types of instruments, banks deal with customers.
Consultancy: In modern days, banks expand their function by entering the consultancy business in which they can hire financial and market experts who can suggest customers about various types of investment to be made in banks.
Bank guarantee: Here, banks can provide guarantee to their clients who deposit a certain amount of money in any governmental office or court.
Remittance of funds: With the help of cheques and drafts, banks can provide funds to their customers. They can also transfer funds from one place to another with the help of cheques or drafts.
Credit cards: Banks provide credit cards to their customers for purchasing goods and services in exchange of these cards. After a certain period, the credit holders pay that purchase amount including the interest rate.
ATMâ€™s services: ATMâ€™s services are one of the most important functions of banks in modern days. It gives different types of functions such as deposits, withdrawals, account details, etc., with 24 hours availability.
Debit cards: Banks can withdraw funds directly from ATMs. It requires a Personal Identification Number (PIN) to verify the transaction of the card holderâ€™s accounts,
Home banking: It is used for transforming money, making bills payment, applying for loans, account inquires, etc., from oneâ€™s own home using oneâ€™s home banking facilities.
Online banking: It is one of the most useful functions of a bank. It is also called as internet banking or web banking. Here, customers can perform all transactions by utilizing online banking services with the help of internet.
Mobile banking: It is also called as M-banking. Here, customers can do all transactions or payments with the help of a mobile phone or Personal Digital Assistants (PDA).
Accepting deposit: It is a primary function of a bank. Banks accept deposits from customers who in turn earn an interes. Banks canâ€™t use this deposit in profitable sectors.
RTGS (Real Time Gross Settlement): It is defined as an instantaneous money and securities transfer system from one account to another account.
EFTS (Electronic Funds Transfer): It refers to the system of banks that transfer money by utilizing electronic banking from one account to another account.
Customers can easily transfer money and pay bills between accounts with the help of online banking or internet banking. Banks provide a mobile app in which customers can view their transaction and account details through the internet.
Banks give convenient services to customers like online banking, mobile banking, etc., with a cheaper or low rate of account services.
It provides safety to customersâ€™ money by protecting it from theft and fire.
During depression periods, if all individuals choose to pull their cash from the bank, the bank will get bankrupt. Because of the capacity of credit creation, banks never have enough cash to pay each one of its clients simultaneously. Individuals, in actuality, will lose their cash if the bank fails.
Due to increase in net banking service, there also increases cybercrime. Presently, more individuals are presented to the danger of Master-card burglaries, stolen passwords, net financial fakes, and so on.
The propensity for borrowing beyond the capacity of what an individual can bear to repay is an individual negative behavior pattern. This is due to simple loan approaches of banks. This can harm individuals’ finances.
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!