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What products and services do banks provide?

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What products and services do banks provide?

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  1. Savings and checking accounts, time deposits, (all in various currencies), investments in equities, insurance-linked investments, wealth planning/private banking, safe deposit boxes, telegraphic transfers, money orders, letters of credit, trust receipts, (and other commercial bills and documents), currency exchange, personal and commercial loans,  hire-purchase financing (capital leases), credit cards, are some that come to mind.

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