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Principles of Banking

Principles of Banking notes

What is Money Market its Function and Types

What is Money Market The money market defines it as a set of wholesale markets where short-term financial assets are exchanged. Its participants are large institutions and specialized financial intermediaries (eg banks). The connection established between...

What are Bank Cards and its Types

What are Bank cards A bank card is a means of payment issued by a financial institution in favor of a consumer, through an associated account, and which is accepted in countless merchants and establishments. His goal is to make...

What is Debit Card and Its Types

What is Debit Card The debit card, also known as electronic or plastic money, is a financial instrument issued by a bank or savings bank that allows the customer to access the balance available in their current...

What is Credit Card and its Types

What is Credit Card A credit card is defined as a "document of plastic material issued by a bank or specialized institution in the name of a person, who may use it to make purchases without...

Difference between Debit and Credit Card

Difference between Debit and Credit Card The Key difference between debit and credit cards is that the former are always associated with the balance that the customer has in the current account,...

How Banks Create Money

How Banks Create Money We always hear that banks create money and come to mind a banker with a magic wand and a cap.  What is not so far removed from reality, moreover, is not...

Identify The Three Uses of Money

What is Money All that money is considered active or that is generally accepted as a means of payment and payment for transactions. On the contrary of what can be believed, money is not only the metals and papers we...