Topic

Commercial Banking

81 questions
Why do banks prohibit storing cash in safe deposit boxes, and how would they know? Nov 2, 2020 How Banks Work What is the difference between deposit-taking and non-deposit-taking financial institutions with examples? Jun 8, 2020 How Banks Work What distinguishes a commercial bank from a nationalized bank? Feb 1, 2020 How Banks Work What happens to funds in forgotten or unclaimed bank accounts? Jan 9, 2020 How Banks Work Does the money in bank accounts physically exist or only digitally? Jan 7, 2020 How Banks Work Can an illiterate person operating a current account issue a cheque using a thumbprint? Dec 2, 2019 How Banks Work Why are US banks closed during hours when it’s most convenient for many customers (evenings/weekends), and how does that make business sense? Feb 1, 2019 How Banks Work What is “float” in a banking system? Aug 12, 2018 How Banks Work What does “core capital” mean for a bank? Sep 1, 2016 How Banks Work How can funds be withdrawn from a very old or dormant bank account? Jul 9, 2016 How Banks Work Why do business bank accounts usually not earn interest on deposits? Jul 6, 2016 How Banks Work Are ATM operating costs the real reason banks charge ATM fees, or is it mostly profit-taking? Apr 4, 2016 How Banks Work Can you deposit a check that is more than one year old? Feb 7, 2016 How Banks Work For how many years do banks keep records of deposits and withdrawals in a checking account? Feb 3, 2016 How Banks Work How many retail banks are there in the U.S. (excluding branches)? Feb 3, 2016 How Banks Work What safeguards prevent a bank from artificially creating balances or simulating deposits, similar to how Bitcoin uses proof-of-work and an auditable ledger? Jan 12, 2016 How Banks Work How often do ATMs make errors when accepting deposits or dispensing cash? Dec 12, 2015 How Banks Work How do large banks physically and digitally secure their cash holdings? Nov 6, 2015 How Banks Work On average, how much does each individual customer cost a bank to serve? Nov 5, 2015 How Banks Work Why do bankers tend to prioritize serving larger companies over smaller ones? Oct 11, 2015 How Banks Work How can checks be deposited at ATMs regardless of bank branch? Sep 11, 2015 How Banks Work Are there banks or accounts where account balances can be viewed publicly? Jun 2, 2015 How Banks Work Why do banks charge monthly account fees? Mar 8, 2015 How Banks Work If money moves electronically between bank accounts, how is physical cash “settled” or accounted for? Mar 8, 2015 How Banks Work What is the usual process for closing a bank account in Pakistan? Feb 12, 2015 How Banks Work How is money “virtualized,” what prevents banks from misreporting funds, and what would a new bank need to do to accept and hold digital balances? Jan 12, 2015 How Banks Work Why aren’t banks run as franchised businesses? Jan 1, 2015 How Banks Work If bill-pay transactions cost banks money, why do some accounts waive monthly fees only when a minimum number of transactions are completed? Dec 6, 2014 How Banks Work What distinguishes banking products from banking services? Oct 8, 2014 How Banks Work How do banks detect counterfeit currency notes? Sep 8, 2014 How Banks Work How can a company obtain its own bank routing number and issue account numbers? Sep 4, 2014 How Banks Work What functions are provided by a cash deposit machine? Jun 2, 2014 How Banks Work What is the process for obtaining newly issued coins from the RBI? May 12, 2014 How Banks Work How do banks determine the locations for installing ATMs? May 8, 2014 How Banks Work How do Swiss banks handle and use the funds deposited by their clients? Mar 11, 2014 How Banks Work What are the most important things to understand about the banking industry? Mar 5, 2014 How Banks Work What are some surprising or lesser-known facts about how banks function and operate? Feb 10, 2014 How Banks Work Banking: I need a commercial bank that can cash USD checks, pay local salaries, and wire funds abroad. Does it matter if both banks share the same global brand (e.g., Citi, HSBC), or can they differ? Feb 6, 2014 How Banks Work What is the highest amount of money a person can deposit into a bank account? Jan 10, 2014 How Banks Work What happens if you deposit or cash a check that includes a fraction of a cent? Jan 2, 2014 How Banks Work For how long must U.S. banks retain a customer’s account records in case they are needed for legal matters? Jan 2, 2014 How Banks Work Do banks share customer information with law-enforcement agencies such as the FBI or CIA? Jun 10, 2013 How Banks Work Why are banks continuing to open new physical branches? Jun 8, 2013 How Banks Work Why are many French banks closed on Mondays, and has this negatively impacted France’s business responsiveness or entrepreneurial development? May 4, 2013 How Banks Work How does a bank determine when to seal a safe deposit box after a customer passes away? May 4, 2013 How Banks Work Why are French banks often closed on Mondays, and has that negatively affected entrepreneurship or business responsiveness in France? May 4, 2013 How Banks Work How do banks know when to seal a safe deposit box after someone dies? May 4, 2013 How Banks Work Are ATM fees driven by actual technical costs or mainly used as profit centers by banks? Apr 7, 2013 How Banks Work Why do banks maintain such a large number of physical branches? Apr 3, 2013 How Banks Work Why do banks continue to maintain so many physical branches? Apr 3, 2013 How Banks Work