Banking and banks. The role of banks in the modern world. Large banks and their functioning. Working with clients. Payment Methods.

Banking and

banks

are very important for the functioning of the modern world. Without

banks

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banks,

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the way we

use

money

would not work.

Banks

enable

people

to save

money

, borrow

money

and

to

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pay for things with ease and security. Each country in the world has its own

well known

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well-known

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banks

that have

branches

in nearly every city so

that

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they are convenient for

people

to

use

.

People

often have to visit the local branch of the

bank

when they want certain services. There are

also

some very big multinational

banks

that have

branches

in most countries in the world.

As well as

the local

branches

that are in most cities, each

bank

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the bank

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will

also

have a head office.

This

is where all central tasks are performed that let the local

branches

function. The

people

who work in the

branches

will be the

bank

manager, the person in charge, and various tellers who work behind the

bank

counter and help the

customers

. There will

also

likely be security guards to protect the

money

, workers and

customers

. Most

customers

will just need to see the tellers when they go to the

bank

if they are paying

money

into their account as either cash or a check.

However

, they might need to see the

bank

manager if they want to open an account or if they have become overdrawn when they have spent more

money

than there was in the account.

Also

if they want to borrow

money

and get a loan the person will need to see the

bank

manager who will have to approve it.

As well as

being able to

use

cash or checks to pay for things,

banks

also

offer their

customers

the more convenient methods of using either a debit

card

or credit

card

. These methods are very convenient as you just need to carry a small plastic

card

to be able to pay for anything. When paying with plastic you will need to either sign a receipt or enter a PIN number to confirm the purchase and that you are authorized to

use

the

card

.