Functions and features of a

bank!Over draft

Accepting deposit

Giving loans

Keeps money safe

Agency Functions

Investment of funds

Discounting of Bills of Exchange

Miscellaneous Functions

Banks are so useful not just for storing you money but for everything…

There are many, many banks scattered across the world such as: • Lloyds TSB• HSBC Bank • Standard Chartered • Royal Bank of Scotland• Northern Rock• Alliance & Leicester• Co-operative Bank• Bank of Scotland• Cheltenham & Gloucester• Coutts & Co• First direct• Halifax• Harrods Bank• Intelligent Finance

Functions of a bank!

• NatWest• Reliance Bank• Sainsbury's Bank• Smile• Tesco Personal Finance.• Ulster Bank• The Woolwich• Alliance & Leicester• Bradford & Bingley• Clydesdale Bank• Egg Banking • Yorkshire Bank

Anyone can just reach inTake your money and

Its gone……

Where as a bank..Stores your money

In a safe place only you can access using…

DANGER!!!!!!!

• The main functions of commercial banks are accepting deposits from the public and advancing them loans.

• However, besides these functions there are many other functions which these banks perform. All these functions can be divided under the following heads:

• 1. Accepting deposits• 2. Giving loans• 3. Overdraft• 4. Discounting of Bills of Exchange• 5. Investment of Funds• 6. Agency Functions• 7. Miscellaneous Functions

Reasons we have a bank…