Bank: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
(Updated list of banks included (National Saving Bank now National Savings and Investment and National Giro Bank now subsumed into Santander))
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A regulated institution offering certain financial services.
A regulated institution offering certain financial services.


In the UK, the banking system includes the Bank of England (the Central Bank), the Commercial Banks, Merchant banks plus branches of foreign banks and the National Savings bank and the National Girobank.
In the UK, the banking system includes the Bank of England (the Central Bank), the Commercial Banks, Merchant banks plus branches of foreign banks and National Savings & Investment.





Revision as of 14:22, 27 April 2016

1. A regulated institution offering certain financial services.

In the UK, the banking system includes the Bank of England (the Central Bank), the Commercial Banks, Merchant banks plus branches of foreign banks and National Savings & Investment.


2. To deposit (cash, cheques or similar) in a bank or transact business with a bank.


See also