2006-11-22 01:01:09 · 6 answers · asked by whiget 1 in Business & Finance ➔ Other - Business & Finance
The biggest advantages (of banking within the branch) are:
** Making personal contacts and relationships with the staff.
This is great if you want to borrow money at some point.
** Customer service is more satisfying in perosn to person
banking.
The biggest disadvantages I can think of are:
** Time spent waiting in queues
** Restricted banking hours (as opposed to 24/7, seven days a
week on the internet or phone banking)
2006-11-22 01:05:07 · answer #1 · answered by Yellowstonedogs 7 · 2⤊ 0⤋
Advantages Of Branch Banking
2016-12-10 18:49:28 · answer #2 · answered by ? 3 · 0⤊ 0⤋
not exactly sure of ur question. but i think u want to know why u should go with a branch bank (ie bank of america, suntrust, etc) rather than a local bank. the advantages would be u can have a bank where ever u go. if u travel alot u dont have to worry about taking lots of money with u....only ur debit card. if u move then u dont have to switch banks and transfer funds. disadvantages would be have to deal with customer service in 2 states away rather than right next door.
2006-11-22 01:04:43 · answer #3 · answered by jenivive 6 · 1⤊ 1⤋
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2016-04-03 07:46:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Compared to other channels....it's a sifted grain of sugar with all the trimmings.
Branch banking not only signifies a complete share, but also keeps you diversive in the market with each bank and their interest rates....who has the better offer?
2006-11-22 01:04:04 · answer #5 · answered by Anonymous · 1⤊ 1⤋
don't know...
2006-11-22 01:02:31 · answer #6 · answered by jokersmile 3 · 0⤊ 1⤋