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BANKING SERVICESS, OTHER BANKING SERVICESS - Coggle Diagram
BANKING SERVICESS
Bank accounts
are safer for subjects
bank offer sarvice
2 type
current accounts
used for immediately available funds
services
use cash, switch or credit cards
deposit account
used for not immediately available funds
metod bank give money
Loan
money bank lent for period time
borrower repay loand + interest
Mortgage
Long-term lona
Overdraft
short-term lona
OTHER BANKING SERVICESS
factoring
form finance
bank advances money a company
Export financing
bank provide funds needed for an orders
Credit financing
exporter ask to receive settlement payment
Confirming
ask bank confirm honor of draft
Exchange risk cover
exporter scared devaluation of money
ask bank precise value for payment
Leasing
method of hiring cars or other things
leasee
ask
leasor
buy item
leasee pay different rate
Advice