Explain the services offered by commercial banks to their customers.
Answer Text: -Safe keeping of valuable items such as wills, title deeds, jewelry etc-They lend money to their clients in form of loans, overdrafts or discounting bills of exchange-They facilitate transfer of money through cheques, credit transfers etc.-They advice their clients on financial management and investment-Facilitate international payments through letters of credit.-They act as referees for their clients during a credit status inquiring.-
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