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A bank is a type of financial institution that acts as a payment agent for customers, and borrows and lends money. In the United States banks are not allowed to own non-financial companies. Banks operate as payment agents since they conduct checking or current accounts for customers, paying cheques, and collecting cheques deposited the current accounts. Bank also enables customers to pay via other payment methods which include telegraphic transfer, EFTPOS, and ATM. Banks borrow money since they accept funds placed on current accounts, accept term deposits and issue debt securities.

Banks offer almost all types of payment services. The activities of a bank can be subdivided into retail banking, private banking, business banking, and investment banking. Banks offer more commercial services which include: issue of banknotes (promissory notes issued by a banker and payable to bearer on demand); issuing bank drafts and bank cheques; providing documentary and standby letters of credit, guarantees, performance bonds, securities underwriting commitments and other forms of off balance sheet exposures; safekeeping of documents and other items in safe deposit boxes; currency exchange; sale, distribution or brokerage, with or without advice, of insurance, unit trusts and similar financial products as a 'financial supermarket'.
Most banks are profit-making and private enterprises. However, some banks are government-run, or non-profits. Central banks, as a rule, are government owned.

DateBanks ReviewsHits
11/30 ▪ offered mod when son had cancer - fraud 284
11/29 ▪ Chase credit card (no service) 80
11/29 ▪ $35.00 for a $.30 charge? 175
11/29 ▪ Anyone answer this PLEASE??? 333
11/29 ▪ No mortgage relief from Indymac! 184
11/28 ▪ Bank of America - Terrible Mortgage Experience 478
11/27 ▪ denied my modification and i had a heart attack 331
11/27 ▪ Collection calls for loan payments that are not late 258
11/27 ▪ Capital One Payroll- The Worst Payroll Company 141
11/25 ▪ What a bloody bank 83
11/25 ▪ Fifth Third refused to close my account! 347
11/25 ▪ Stay away from Compass Bank 147
11/24 ▪ Citizens Bank Charges $74 for $7 Overdraft - a 1,054% fee! 74
11/24 ▪ Chase Bank - Credit cards, watch out! 230
11/24 ▪ CIB Bank Ltd. (A bank of Intesa Sanpaolo) makes the “shame list” 83
11/23 ▪ Forced me to accept a credit card I didn't agree to 85
11/23 ▪ Wachovia bank non convenient hours 171
11/23 ▪ Wachovia Bank misleads ATM users 110
11/22 ▪ made my mortgage payment late all the time 253
11/22 ▪ I am coming after you, CAPITAL ONE 786
11/22 ▪ putting the highest check through first causing many smaller amounts to bounce and more fees 135
11/21 ▪ Boycott Fifth Third 149
11/21 ▪ Time for the Feds to regulate bank overdraft fees 132
11/21 ▪ www.freelotto.com 120
11/19 ▪ Bank of America cheats + lies 218
11/19 ▪ CHASE - DO NOT DEAL WITH THIS BANK! 231
11/19 ▪ They are charging excessive amounts of interest. 230
11/19 ▪ GE Money Bank (credit reduction) 143
11/18 ▪ I lost the first home i ever owned due to unaffordable mortgage. 265
11/18 ▪ disabled and chase new it! 79
11/18 ▪ 1st convienence bank 216
11/18 ▪ Gemb Ssucks 172
11/18 ▪ Gemb Ssucks 81
11/17 ▪ CHASE BANK, cost $100s in fees 140
11/17 ▪ Chase rules in favor of phishing scam artists 122
11/16 ▪ GE Money Bank 263
11/16 ▪ Bank of America Online payment system messed up 228
11/16 ▪ Credit Card Fraudsters 130
11/16 ▪ Chase *** 93
11/15 ▪ WORST BANK EVER. CHASE. WOS!!!!! 199
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