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
Add a comma
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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apply
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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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apply
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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
Add an article
the bank
show examples
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
.
Submitted by lioness1970 on

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Structure
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Language
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Content
Your essay effectively outlines the significant role of banks and their operations in the modern world.
Examples
You provided clear, specific examples that illustrate the functions and importance of banks, which helps in task achievement.
Coherence
The logical flow of ideas from the introduction through the body paragraphs to the conclusion is commendable.

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
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