Please Identify which topic you choose of the two.All written assignments will be double-spaced and 1 inch margin.MS Word 12 or similar size font, and Times New Roman or Arial font style.Footnotes or...

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Please Identify which topic you choose of the two.All written assignments will be double-spaced and 1 inch margin.MS Word 12 or similar size font, and Times New Roman or Arial font style.Footnotes or end notes are required as well as a current bibliography. Research paper should follow a methodology and when possible include analysis of data.If you want to follow the case analysis method, you will identify the problem, provide a rationale for your diagnosis; followed by a listing of at least two solutions, courses of actions and finally a consideration of which course you prefer and why. It is crucial that you do not only describe the content of the solution but also specify the process for arriving at the ideal end state. In either scenario you are to identify your preferred interventions covering aspects of both content and process.INCLUDE LINKS SO I CAN IDENTIFY WHERE THE INFORMATION CAME FROM.
Answered Same DayDec 20, 2021

Solution

David answered on Dec 20 2021
3 Votes
Banking in XXI Century
Banking refers to the standard activities that a bank performs. Banks behave as dealers of
money by ca
ying out checking or opening new accounts for customers, paying checks
drawn by customers, and collecting checks deposited to customers' cu
ent accounts. New
methods of payment have been introduced by the banks such as Automated Clearing House
(ACH), Wire transfers or telegraphic transfer, EFTPOS, and automated teller machine
(ATM). ATM is the most efficient and most popularly used method of payment and
withdrawal of money.
Banks bo
ow money by the funds deposited in cu
ent accounts, and by accommodating
term deposits, and by taking into account the debt securities such as banknotes. Banks make
advances on cu
ent accounts and thus are able to lend money to the customers, also by
making instalment loans, and by investing in marketable securities.
Banks serve almost all payment services, and a bank account is considered crucial by most of
the corporations, individuals and even the governments. Non-banking authorities that supply
payment services such as allowance companies are not normally considered a sufficient
su
ogate for having a bank account.
Banks bo
ow most funds from organisations that hold money for example the households
and non-financial businesses, and lend this money to other households and financial firms,
ut non-bank lenders provide a crucial and in most cases ,an alternative for bank loans, and
funds of the market, trusts built for managing cash and other non-bank financial institutions
in many cases provide an adequate su
ogate to banks for lending the savings....
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