Banking Services

Banking services are economic services provided by the finance industry. This includes the services of offer credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds and some government-sponsored enterprises. Some types of financial services include; keeping money safe and making it accessible for withdrawal, issuing of chequebook, personal loans, mortgage loans, commercial loans, issuing of credit cards, the services of ATMs, providing overdrafts when needed, and internet banking services. Financial services are available to anyone who has funds available, be it an individual or a company. If you have money that needs deposited in an account, then you rely on financial services.

1. Banks

   - 1 Supplier 1 Service

   Banks offer financial service for companies (of any size) as well as individuals. In their basic form banks all a cash deposit function and a credit service. However, banks commonly also offer Internet and telephone banking, ATMs, mail service as well as a physical branch with a relationship manager and direct selling agent.

2. Building Societies

   - 0 Suppliers 0 Services

   A building society is an entity much like a bank, in that, they offer financial services like current and savings accounts, cheque book, credit card, overdraft facilities, debit card, insurance, investment, travel services, loans, and investments. However, building societies are owned by their members and not shareholders, which they report helps keep interest rates lower.