↑Please note that the accompanying image is not directly related to the article but is a thematic representation of Lifestyle Guide↑
What are the different types of banking services?
There are several types of banking services available to individuals and businesses. Some common types include personal banking, business banking, investment banking, and online banking.
What is personal banking?
Personal banking refers to the banking services provided to individual customers. These services include checking and savings accounts, loans, credit cards, and financial planning advice.
What is business banking?
Business banking focuses on providing banking services to businesses of all sizes. These services include business checking and savings accounts, business loans, merchant services, and cash management solutions.
What is investment banking?
Investment banking involves helping companies and governments raise capital by underwriting or acting as an intermediary in the issuance of securities. Investment banks also provide advisory services for mergers, acquisitions, and other financial transactions.
What is online banking?
Online banking, also known as internet banking, allows customers to perform various banking transactions over the internet. This includes accessing account information, transferring funds, paying bills, and conducting other financial activities without visiting a physical bank branch.
