Ask Question
11 January, 11:36

Which of these services is not provided by a financial institution such as a bank or credit

union?

A Informing customers of the amount of money in their accounts

B

Informing customers of how the money in their accounts must be spent

C

Providing cash when customers make withdrawals from their accounts

D

Providing loans to customers that can be paid back over time with interest

+5
Answers (1)
  1. 11 January, 12:55
    0
    Informing customers of how the money in their accounts must be spent

    Explanation:

    Option A: Every bank or financial institution inform customers about the available balance when either the customer seeks or sending information in routine through "SMS"

    Option B: The customers have full power to use their money in any way. Bank safe guard and use that as a source to run the Bank

    Option C: It is the money of the customer and he has full rights to with draw money from their account. Only thing there needs to be some minimum balance to be maintained and restrictions to withdraw money from ATM according to the limits specified.

    Option D: Financial institution or bank will provide loans to customer.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of these services is not provided by a financial institution such as a bank or credit union? A Informing customers of the amount of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers