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Why People Keep Money in The Bank

Why Do People Keep Money in a Bank

 Online banking

Hello, thank you for following our tutorials,am here in this tutorial to explain to you the true facts about banks

A bank is a place where you can keep your money, the money that you keep there is then given to other people as loans. What I advise is to keep your money in a fixed deposit to get more profits.

How to acquire a loan from a bank 

A loan is money borrowed , inorder for a bank to give you a loan you have to a member there , and you to have all documents talking about yourself. The bank can take one week reviewing your loan request if you are eligable.

The bank looks at your source of income , expenditures , location and marital status , So the easiest way is to borrow money that you can pay in a shorter time to avoid property loss.

Things that the bank can welcome

1. Donate your car for money

2. Donate your land for money 

3. Donate your other properties

As soon as the bank sees that you can leave anything to them ,you will be eligible for a bank loan

Where you can invest your money got from the bank 

1. You can invest it in Bitcoin

2. You can invest it in crypto currency

3. You can invest it in forex

4. Donating old cars to charity

Online banking 

Most of the banks have online access whereby a customer creates a bank account online with assistance from their agents

Online banking eases work since the person can bank his or her money safely at home without moving with it

How does the bank keep the people’s money safe?

The bank employs software engineers and web developers to fix any bug in their websites and apps.

The bank employs data managers to back up data for the bank

The bank ensures people’s money in case of any problem, the bank works hand in hand with insurance companies.

The bank advises it’s customers to always ATM cards or credit cards to withdraw money from an ATM 


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