How does a banking work?

February 9th, 2010 | by admin |
wizard101z asked:


Im 18 yrs old and im planning to open a account. But i dont know how banking works. i dont want to ask my parents about banking because i want to surprise them. Pls explain in simple terms how a bank works.

  1. 3 Responses to “How does a banking work?”

  2. By american girl on Feb 11, 2010 | Reply

    The link below has alot of good information. Best of luck.

  3. By carlo on Feb 15, 2010 | Reply

    to open an account, you must deposit and maintain a certain amount of money at the bank. as time goes the money would grow through the interest it gives.

  4. By src50 on Feb 17, 2010 | Reply

    Read this book: “Personal Finance For Dummies.” It has all sorts of info such as what you’re asking.

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