Banking Facilities and Services

Abstract

The services which banks can offer their customers vary from ordinary current and deposit accounts to financial transactions of a very complex nature. The major clearing banks — Barclays, Coutts, Lloyds, Midland, National Westminster and Williams and Glyn — have arisen largely from mergers of many small regional banks some of which can trace their origins back to the seventeenth century. They are now amongst the largest companies to be found in Britain.

Accounts; bank draft; Bank Education Service; cash card and dispenser; cheques; credit card; credit transfer; direct debiting; executorship and trusteeship; income tax; insurance; international services; investments; loans and overdrafts; movement of cash; night safe; open credit; safe deposits and strongroom; standing order; stocks and shares; travel facilities