Banks offer a wide range of financial services and products to individuals, businesses, and

governments. The specific services offered by banks may vary depending on the type of bank (e.g.,
retail bank, commercial bank, investment bank, central bank) and the country or region in which they
operate. However, here are some common services that banks typically offer:

1. Savings Accounts: Banks offer savings accounts where individuals and businesses can deposit
their money. These accounts usually earn interest on the deposited funds.

2. Checking Accounts: Checking accounts are used for everyday transactions. They allow
account holders to write checks, make electronic transfers, and use debit cards to access
their funds.

3. Loans: Banks provide various types of loans, including personal loans, auto loans, home
mortgages, and business loans. These loans allow borrowers to access funds for specific
purposes and are typically repaid with interest.

4. Credit Cards: Banks issue credit cards that allow cardholders to make purchases on credit.
Cardholders repay the borrowed amount with interest, often on a monthly basis.

5. Certificates of Deposit (CDs): CDs are time deposits with fixed terms and interest rates. They
usually offer higher interest rates than regular savings accounts but require the funds to be
locked in for a specified period.

6. Investment Services: Some banks offer investment services, including brokerage accounts,
investment advisory services, and access to financial markets for buying and selling stocks,
bonds, and other securities.

7. Safety Deposit Boxes: Banks provide secure storage for valuable items and documents in
safety deposit boxes.

8. Foreign Exchange Services: Banks facilitate currency exchange for international travelers and
businesses engaged in foreign trade.

9. Online and Mobile Banking: Banks offer digital banking services that allow customers to
check account balances, pay bills, transfer funds, and perform other banking transactions
through websites and mobile apps.

10. ATM Services: Banks operate ATMs (Automated Teller Machines) where customers can
withdraw cash, check account balances, and perform other basic transactions.

11. Wire Transfers: Banks facilitate domestic and international wire transfers, enabling the swift
transfer of funds between accounts and across borders.

12. Merchant Services: Banks offer merchant services to businesses, allowing them to accept
payments from customers through credit card processing terminals, online payment
gateways, and other payment solutions.

13. Treasury Services: Banks provide treasury and cash management services to businesses and
government entities, helping them manage their finances efficiently.

14. Financial Planning and Wealth Management: Some banks offer financial planning and
wealth management services to assist individuals and families in managing and growing their
wealth.
 15. Government Banking: Banks often serve as the depositories for government funds and
provide various financial services to government agencies.

16. Corporate and Commercial Banking: Banks offer a range of financial products and services to
businesses, including corporate loans, trade finance, cash management, and treasury
services.

17. Insurance Products: Some banks offer insurance products such as life insurance, auto
insurance, and homeowner's insurance.

It's important to note that the specific services offered by a bank can vary based on its size,
specialization, and geographic location. Customers should carefully evaluate the offerings and fees
associated with different banks to choose the services that best meet their financial needs.