Whenever some people wish to enter into the businessworld - it is a must for them to approach a bank. Whatservices do banks provide them in this regard?(1) Banks act as payment agents by operating currentaccounts - paying cheques and receiving payments forthem.(2) Maintaining account books for them for their day-today activities so that they are not required to appointaccount/ finance personnel on a regular basis.(3) Lending money by way of overdraft - instalment loan - credit or advance for business activities

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Whenever some people wish to enter into the businessworld - it is a must for them to approach a bank. Whatservices do banks provide them in this regard?(1) Banks act as payment agents by operating currentaccounts - paying cheques and receiving payments forthem.(2) Maintaining account books for them for their day-today activities so that they are not required to appointaccount/ finance personnel on a regular basis.(3) Lending money by way of overdraft - instalment loan - credit or advance for business activities