Hey MATE Here is your answer ⤵⤵⤵⤵⤵ Characteristics of a bank are 1) Dealing with money -- banks deal with money of the public. 2) Individual / Firm /Company -- bank may be person , firm or a company. 3) Acceptance of deposits -- banks accepts deposits from the public. 4) Leading loans -- Banks lead loans to to industrial sector , agriculture sector, education. 5) Payment and withdrawal -- Banks facilitates the customers to withdraw their deposits in the form of cheque or drafts. 6) Agency and utility services -- Banks provide various banking facilities to its customers. 7) PROFIT and service Orientation --A bank is a profit seeking institution having service orinted approach. 8) Ever Increasing Functions -- bank continously expand and diversity their functions, services and activities. 9) Connecting link -- banks act as connected link between the depositors and borrowers. 10) Banking business -- The main activity of the bank is banking business that is accepting deposits from the customers and leading the same to those who need money. 11) Name identity -- Banks always add 'bank' to their names. hope this will help you ✔✔✔ thanks for posting your question! ✌✌✌