In what ways a bank may be helpful to (a) a retired pensioner, (b) a traveller and (c) a housewife

3 years ago
Banking

(a) A Retired Pensioner:

Bank provides various services as collecting pension on behalf of clients is one of the important services by the bank to their customers.

(b) A Traveller:

Banks issue traveller’s cheques mainly for the convenience of travelling executives or individuals. These cheques can be encashed from the branch office of the bank at the place of visit and also used to pay for airlines booking, settling hotel bills, etc.

(c) A Housewife:

Safe custody of valuable articles can be arranged by hiring lockers in banks, etc.

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Susmita Sah
Jan 16, 2022
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