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CHAPTER 3 : BANKING SERVICES (Credit Card (How Credit Card Works?,…
CHAPTER 3 : BANKING SERVICES
Types of Bank
Commercial Banks
Retail banks
Central bank
Electronic Banking
The Electronic Fund Transfer System (EFTS)
The Automatic Teller Machine (ATM)
The Electronic fund Transfer at Point of Sale System (EPTPOS)
Types of Account
Saving account
Current Account
As current account holder
Personal current account
Cheque
cheque is a bill of exchange drawn on specific banker and not expressed to be payable otherwise than on demand.
Types of Cheque
Open
Crossed
Bearer
Order
Internet Banking
Is internet Banking safe ?
Banking Service Available Online
What is needed to do Internet Banking?
How to apply to be an Internet Banking User
Credit Card
How Credit Card Works?
Applying for a Credit Card
Factor to consider when Getting a Credit card
application process
Understanding the charge Applicable For Credit card
Tip on how to minimise your credit card charge