Bank: Difference between revisions
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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)) |
imported>Doug Williamson (Layout.) |
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A regulated institution offering certain financial services. | A regulated institution offering certain financial services. | ||
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To deposit (cash, cheques or similar) in a bank or transact business with a bank. | To deposit (cash, cheques or similar) in a bank or transact business with a bank. | ||
Revision as of 10:33, 11 May 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.
