CryptoEnthusiast
Mon Jan 20 2025
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5 answers
908
Do banks charge a commission to exchange currency?
I'm planning to travel abroad soon and need to exchange some currency. I'm wondering if banks typically charge a fee or commission for this service. Do they? And if so, how much is it usually?
CryptoAce
Mon Jan 20 2025
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6 answers
1348
Why do banks want liquidity?
Banks need liquidity to ensure they can meet their financial obligations and continue operating smoothly. Liquidity allows banks to easily convert their assets into cash, which is crucial for covering withdrawals, lending, and other financial commitments.
Davide
Tue Jan 14 2025
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7 answers
1588
Do banks lend or borrow money?
I'm curious about banks' financial operations. Specifically, I want to understand whether banks primarily lend money to customers or borrow money from them. This question arose as I was thinking about the basic functioning of banks.
Chiara
Tue Jan 14 2025
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7 answers
1271
What do banks use to check credit scores?
I am trying to understand the process banks use to evaluate credit scores. I want to know what tools or methods they employ to check an individual's creditworthiness before approving loans or credit cards.
isabella_oliver_musician
Tue Jan 14 2025
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5 answers
1342
Which banks offer currency exchange in India?
I'm planning to travel to India soon and I need to exchange some currency. I'm wondering which banks in India offer currency exchange services so I can easily convert my money.
