How the Bank works to make money?

[pitiflin]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

There are a few things you need to know: The basics first, the difference between the Debit balance and the credit balance. Debit balance would be the withdrawals and credit would be deposits.

Interest rates, yearly credit card fee, late payment fee, initial set-up fee, Remittance fee, trading Foreign exchange, giving out short loans to other banks, cheque cancellation fee. This is more than enough for what you need to know. Don't ask for more. 

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[bennypagulayan]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

Banks get their money mainly from issuing interest loans to their customers and as transaction fee for money transactions.But bitcoin has caused a huge fall in their revenue from transactions.

Yes you are right and that is the reason why cryptocurrency is a threat to the business of banks because it can actually decrease the people that are placing their money on their business which will slowly decreasing their own profits.

They are using our money to lend to other people in that way they earning a lot but they are just giving us a rate in which is not fair unlike here in cryptocurrency we can earn what we are earning in a bank for a year in just a day.

Banks use lesser depositors' money with higher profits, in addition to the regular banks of large corporations and they also use that money to invest in very large projects. Earn more profits. The management of the bank is weaker than the blockchain technology and so many banks are applying this technology to manage.

[mrcash02]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

Banks get their money mainly from issuing interest loans to their customers and as transaction fee for money transactions.But bitcoin has caused a huge fall in their revenue from transactions.

Yes you are right and that is the reason why cryptocurrency is a threat to the business of banks because it can actually decrease the people that are placing their money on their business which will slowly decreasing their own profits.

They are using our money to lend to other people in that way they earning a lot but they are just giving us a rate in which is not fair unlike here in cryptocurrency we can earn what we are earning in a bank for a year in just a day.

Yes. They lend your money to others, while sharing a very little part of the interest with you... The interest they charge from borrowers is much higher than the comission they give you back. Also, everything is secret: as a saving account holder in the bank, you don't have access to any detail about how your money is being used, how much the bank is really making with it. And I'm sure the reason behind this is to not create revolt among the bank's users.

Banks work with bureaucracy, shadiness, corporatism and protectionism, that is how they make money.

[randyboy]

They pay their employees  by the investments of people in that bank because every single money they put in that bank there are fee's so if that bank are popular so the employees are paid high so they collect money from people who invest or save in their bank.

[Emitdama]

There are so many ways on how the bank works to make money, they offer loans to their clients, like car loans, housing loans, with a high rate of interest. Some banks also offer services like payments solution which includes service service fee and transaction fee.

Actually the biggest problem with banking is they use your money in their businesses and then give you a little money back. But you deserve more than what you have invested for them at their own name. So to avoid such scenario and to earn profit that you deserve, best option is to consider bitcoin for making good profit. This would be doing best for according to your investment.

[jaysabi]

There are so many ways on how the bank works to make money, they offer loans to their clients, like car loans, housing loans, with a high rate of interest. Some banks also offer services like payments solution which includes service service fee and transaction fee.

Actually the biggest problem with banking is they use your money in their businesses and then give you a little money back. But you deserve more than what you have invested for them at their own name. So to avoid such scenario and to earn profit that you deserve, best option is to consider bitcoin for making good profit. This would be doing best for according to your investment.

Bitcoin doesn't pay anything for investing in it, it's just an asset that is worth whatever everyone agrees it is worth. It's not a good investment in that you can't depend on it to hold value predictibly because its value is entirely arbitrary and subject to the whim of, at this point, a large group of people who have no idea how investing works. Because of this, it's much more of a gamble than anyone who is pro-Bitcoin realizes or wants to admit. Everyone is far more content thinking they're geniuses for buying Bitcoin without any real justification for thinking so.

[Marlo0619]

The banks is one of the wisest institution in the world. Because they can make money by helping people. That is true. Their job is to help people and in return, people will help the banks to be known all over the world. For example, you have money that you wanted to save for your future. But you don't want to just place it in yoir pocket. You need a bank. Then if you save your money in the bank, they will get an interest of 10% or 5% because you are using their system so you need to pay them.

[jelbert1351]

My co teacher who was once a manager of a well known bank here in our place said they invested some of the money in the stock exchange. That means they are earning very big but gave us meager percentage of our investments.

[millionaireshs]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

The Bank makes money from the company they have authomatic income in every  process during payroll to their employee through ATM. Using the bank digital program that all details of payroll should input to the said program. Regarding to the bank loan there will have authomatic interest payable within the period prior to the
Exact negotiation year.

[theyRmose]

Interest income
Interest income is obtained from customers (borrowers) who borrow funds in the form of credit. The amount of interest income depends on the amount of credit disbursed and the interest rate set. Each bank has a different interest rate policy adjusted to the cost of fund, strategy, and competition faced.

[sigam batat]

If according to the heck the biggest income your bank fee taken from the customers when doing transactions and when using his account and again the bank also got the results to hire employees from the Bungan taken from the customers who make loans

[Naficopa]

Bank loans are the best source of income for banks. In particular, mortgage loans bind the client to the bank for a very long time. It is interesting bank does not risk much because it grants loans from customer deposits.

[vagsun]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

The main source of income of banks is 'interest on loans'. But there are many more sources through which banks earn ,such as, Processing fee, D-Mat charges ,maintenance charges, brokerage, bills of exchange (Discount amount), income from issue of letter of credit, demand draft , NEFT etc.
These are various sources through which banks earn profits.

[zxcv cool]

Banks make most of their profits from lending, and even though they pay a certain amount of interest to their depositors every year, they still make most of their loan profits.

[Kingsingle]

They raise capital at lower interest rates for depositors, and provide financial services for consumers. So they are profitable, the work is quite favorable before there is no crypto market, but the crypto market today has made the banking system freeze.

[darewaller]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

There are so many ways banks can make money and I bet you they make a lot of money lol. If you doubt it, you can make a research or ask any of your friends that is a banker, they will make proper explanation to you. But before that I will tell you some ways I know they make money, and of course they do make from interests they get on loans, but not everyone goes for loans, so they don’t rely only on that.

When you receive bank alerts, whether credit or debit alert, the bank will charge you for that. Another way they make money is through charging users card maintenance fees. There is also a fee they charge every end of the month, and they also make investments with your money. There are lots of ways, but at least you have seen some ways they are earning.

[ThorWin]

Banks benefit from low interest rates and they offer high interest rates. So they make a profit from the difference in interest rates, and they also benefit from the provision of services

[sp01_cardo]

Banks have many ways to make money, money charge and also they can use the money they have collected to customers. They can lend the customers money deposits from companies. The interest they gain in lending money is higher than the interest they give in customers bank deposit.

[Kris34]

Banks, they also borrow money as people.  They use the money of depositors for their own purposes and pay them a percentage, as people pay interest to the bank when they take out a loan.

[Direwolve735]

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

Banks are enriched by pumping out resources from the economy. Too high rates of credit, which are growing at the same time, are one of the main ways for banks to squeeze funds out of the economy. Paradoxically, but if the loans were not taken at all, now the population's consumption would grow at a higher rate. However, this situation brings huge benefits to banks.