What are the advantages and disadvantages of Branch Banking compared to other channels?
970546
The biggest advantages  (of banking within the branch) are:\n**  Making personal contacts and relationships with the staff.\n     This is great if you want to borrow money at some point.\n**  Customer service is more satisfying in perosn to person    \n     banking.\n\nThe biggest disadvantages I can think of are:\n**  Time spent waiting in queues\n**  Restricted banking hours (as opposed to 24/7, seven days a \n     week on the internet or phone banking)
953859
You have to do penetration strategy, since the mission is present and the product is new.  One way is to give existing savings bank account holders added advantage than what they already have from other banks, like service, little higher rates, easy checking facility, atm's in all localities where your customers need them etc. You can also penetrate in work places for customers with your added services.
537427
Keep Banks as your priority as thay have to handle alot of cash, So litrally all the bank branches need a currency counting machine\n\nAccoutning Firms: - These firms deal in managing accounts of the company, and hence can require such machines.\n\nBig Companies: - Where the profit is very high\n\nUniversities, colleges, schools: - As alot of students enroll and huge amount of cash is recieved\n\n5 star and 4 star hotels: - They are in high demand during seasons and need something like this to manage their money
993613
A Bank - the bank where you have an account would be best because of service charges - that they would normally waive for regular customers.
325
It depends on the level of service you are looking for. For example, is internet access good enough for you, or do you prefer a bank with local branches? For me, Etrade offers the ease of online access but reasonable interest. On the other hand, Citi bank has many local branches but low or no interet in checking.\n\nThe best site that helps you to compare interest offers is www.bankrate.com. It also rates the reputation of the bank. Once you select the interest level and reputation level that you like, come back here and ask if people have good/bad experiences with that bank. Hope this helps.
1081873
advanage : 1. one can able to know  total output of the compnay\n                     2. it is very help full to prepare the budget with accuracy\n\n        \n  Disadvantage : 1.  its take more time for accounts finalisation\n                            2. leads to extra work
483526
Electronic banking. I'm using citibank online and like it very much. Saved me a lot of time :)
961764
Most banks sell Cashiers Checks instead of money orders - basically the same thing but easier to cancel, trace or replace.  Your also paying for the banks time which they consider more valuable.
236859
The disadvantage is if the stock makes a big move above your strike price.  If the stock makes a big move up above your strike price than you have limited your gain.  Your max profit is strike price + the premium.  For example, you buy a stock at $30 and sell the $35 call for $1, and the stock goes to $100.  Your maximum profit = $35 (strike price)- $30 (purchase price) + $1 (premium) = $6.  You would have given the other $64 profit to the call buyer.\n\nAnother disadvantage is limited down side protection.  Using the example above, your cost basis on the stock becomes $30 - $1 (the premium) or $29.  So you are only protected to the downside by $1.  If the stock drops, and you decide to get out, you will also have another commission to buy back the call.
862393
The Bank of England (BOE) regulates the "commercial lending rate", which is the overnight rate for lending to other banks. Banks are required to keep a certain percentage of their deposits on hand and then lend the rest out.  They don't want to keep any excess money on hand as it is foregone income.  They don't want to have too little, because it is against the law. \n\nBanks want to lend out their money at higher rates, rather than lower. Ideally, they lend to consumers and businesses at a high rate (the trade-off being risk for returns). The rest, they lend to other banks that need the liquidity to top them up to their reserves (low risk, low returns). If nobody wants it, you lend to BOE overnight for the lowest rate (no risk, lowest returns).  This is analagous to the US' Federal Reserve overnight deposit rates.  \n\nSo the BOE directly affects the very shortest interest rates (overnight), but they do not directly affect what happens "out the curve" - that is on loan/deposit terms longer than one day.  Banks make up their own terms of interest rates, but are tightly limited by currency/interest rate arbitrage and competition from other banks. That is, the currency, futures and interest rate markets are all intertwined - making it almost impossible for banks to have widely different interest rates (in the same market) due to interest rate/currency arbitrage.\n\nShort-term deposits (checking, savings, money markets) are less market-efficient than long-termed deposits due to some oligopoly power in banking and high service costs to serving deposits. That's really a long-winded answer for "you are a peon with little money, so they gouge you on rates as much as you can because you don't have an alternative".  As your deposit balance goes up, you'll find your bank becomes REALLY friendly with you. As a result, your savings account generally goes in the same direction as the BOE rate - but not necessarily lockstep.  \n\nThat's why it's nice to occassionally get an institution that offers deposits thare ARE linked to official rates. You don't feel like you're getting screwed.    \n\nThat's a really long, confusing answer. Sorry.
223582
It depends what you want it for. ALl our major banks offer various competing products and are mostly country wide, unlike in some other countries. \nIf you want to compare their bank rates go to USwitch or a similar website and compare the specific bank product you are interested in.\n\nPersonally I would stay clear of HSBC and Lloyds as they bothe screwed me around!
710403
Banking  is  a  global  business,  I  suggest  you  do   some of  your  own  homework  and  think  about  the  repercussions  of  lacking  staff  with  international  banking  skills  or  loosing  staff  that   had  the  skills.\n     You  will  be  a  mediocre  talent  yourself  unless  you  start  actually  learning  some  of  this.    Don't  YOU  want  to  be  an  asset  they  desire  to  hire  then  retain  ?
643414
advantage:\nexpand your market and make more $\ndisad:\nlearning/dealing with different cultures, languages and laws\nunstable governments\ndifferent currencies
101224
1. You must really know how banking procedures,policies coz you will be penalized for small buggies.\n2.Use database that can support transactions, Oracle, MySQL.\n3.Use j2ee server that really have supports.\n4.Secure your j2ee servers\n5.Use most of the outstanding functions in J2EE\n6. Use JSSE for that enable secure Internet communications
670203
You can open an account in two or three banks.\nIt is legally allowed.\nCanara Bank people are trying to avoid work.\nGo try with HDFC Bank.They have 3 in 1 system.\nYou can have a savings a/c,Demat a/c and a trading a/c\nand you can link all the three.
928263
1. quicker access to money (near to house/business)\n2. comparatively quicker transaction time compared to bank counter\n3. Any time banking (ATM) for 24 X 7\n4. Remote connectivity (distant locations can be served without identification hassles, even beyond countries)\n5. Reduces cash theft related issues. \n6. Increases usage of Plastic money
1092892
There are changes in the online banking field of both concern and excitement.  Concern because of privacy issues and loss of jobs if they replace typical branch banks.  Excitement because of convenience and the higher interest rates that they are able to offer which is causing growth and in turn confidence in the online banking industry.