Explain any three merits and three limitations of commercial bank

1.	Explain any three merits and three limitations of commercial bank
Answer» Answer: advantage is commercial banks' ability to provide low prices. They ACT LIKE wholesale companies buying in bulk and selling at a discount. Most commercial banks will not CHARGE fees to open or maintain checking and savings accounts, and their real estate loans are usually offered at low interest rates. disadvantages are..... In a word: cost. Commercial banking or business accounts are often more expensive than traditional bank accounts. Banks may charge fees for NIGHT deposits, for processing a certain NUMBER of checks and for the payroll services Explanation: HOPE it HELPS you... MARK me as branlist ❤❤

Answer»

Answer:

advantage is commercial banks' ability to provide low prices. They ACT LIKE wholesale companies buying in bulk and selling at a discount. Most commercial banks will not CHARGE fees to open or maintain checking and savings accounts, and their real estate loans are usually offered at low interest rates.

disadvantages are.....

In a word: cost. Commercial banking or business accounts are often more expensive than traditional bank accounts. Banks may charge fees for NIGHT deposits, for processing a certain NUMBER of checks and for the payroll services

Explanation:

HOPE it HELPS you...

MARK me as branlist ❤❤

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