Question

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1.When does a bank ask for guarantees and check the customer's credit?
2.what does the customer guarantee when he/she borrows money?
3.why do people open bank accounts?
4.what is interest?
5.how do people use bank cards and credit cards?
6.how do they use cheque books?
7.what's a cash point like?
8.why are banks useful? what can they do for you?
9.what would happen if there were no banks?

Answer 1

1)When you take out a loan and check - credit history
 2)Faster and cheaper loans, simple, safe, easy to
3)The bank wants to make sure it opens by a specific person, not the person figurehead
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5) Pay for goods and services are paid
6)To use a checkbook also need to open a bank account
7)ATM -software and hardware designed for automated dispensing and receiving cash as a payment card with or without, and perform other operations, including the payment of goods and services, preparation of documents confirming the relevant transactions.
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Answer 2

1)When you take out a loan and check - credit history
 2)Faster and cheaper loans, simple, safe, easy to
3)The bank wants to make sure it opens by a specific person, not the person figurehead