Bank

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Revision as of 15:46, 1 January 2019 by imported>Doug Williamson (Link with Islamic banking page.)
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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 and branches of foreign banks and National Savings & Investment.


2.

When used by the Bank of England, the term 'the Bank' normally means the Bank of England.


3.

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


See also