Unit 4 Q2: One of the main financial services that is provided by a bank involves offering accounts where people can safely store their money for a period of time, all the while earning interest and being protected by insurance. What is this common financial service called?
A.
payment services

B.
savings

C.
loans

D.
financial planning

Question

20-04-2021
SAT

contestada

Unit 4 Q2: One of the main financial services that is provided by a bank involves offering accounts where people can safely store their money for a period of time, all the while earning interest and being protected by insurance. What is this common financial service called?
A.
payment services

B.
savings

C.
loans

D.
financial planning

Respuesta :

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Martebi Martebi · Answer 1 · 2021-12-30T13:42:05+01:00

Banks are known to carry out different functions. The common financial service called savings.

Financial services is known to be a very wide term that comprises of all of the activities such as banking, investing, and insurance.

Financial services by banks includes savings, investment, etc. Savings is thee process whereby bank helps to keep the money of its customers. It is known to be the most common services offered by banks.

Learn more about Financial services from

https://brainly.com/question/12890843

decemberparker1984 decemberparker1984 · Answer 2 · 2022-02-28T22:11:21+01:00

decemberparker1984 decemberparker1984

28-02-2022

Answer:

B. SAVINGS

Explanation:

CORRECT VIA EDMENTUM 2022

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