What is Retail Banking & The Features of Retail Banking?

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Welcome

• Prominence Bank 

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What is Retail banking and what are the features
of Retail banking?
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What is Retail banking?

• Retail banking is a bank that works with
  consumers and for consumers which includes
  offering basic banking services like account
  checking, account savings, loan services and many
  more. Retail customers act as the members of the
  general public which are there to take care of
  personal needs of every individual.

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Retail banking handles all the financial needs

• Retail Banking handle sall the financial needs of
  business as well as individual so that you can
  take care of everyday spending as well as life
  biggest events like buying a home, buying a car,
  educational loans and many more.

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Online Banking

• These are also called local bank community and
  they are specified to offer the same services as
  the big banks. Online-only banks are also an
  option, especially for keeping fees to a minimum.

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Features of retail banks include

• Money market accounts pay slightly more, with a
  few restrictions on how often you can spend the
  money.
• Certificates of deposit (CDs) pay more than
  savings accounts, but you usually need to leave
  your money untouched for at least several months
  to avoid early withdrawal penalties.
• Safe deposit boxes keep small valuables safe
  within the banks walls (so they cant be stolen
  or destroyed while in your home).

• Home loans help people buy a home, and second
  mortgages allow borrowers to refinance existing
  loans or take cash out of home equity.
• Auto loans help people buy a car, and can also be
  refinanced.
• Unsecured personal loans can be used for any
  purpose and do not require you to pledge
  collateral. Revolving lines of credit (including
  credit cards) allow borrowers to spend and repay
  repeatedly without applying for a new loan.

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Offering basic banking services
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Contact US
Our Website www.prominencebank.com
Phone English Customer Service(44) 208 895
6493 Spanish Customer Service(34) 910 881 506
Locations Autonomous Island of Mwali
OfficeProminence Bank Corp.P.B. 1257 Bonovo
Road.Fomboni, Mwali, Comoros, KM Representative
OfficeProminence Client Trust Mgmt.Calle
Doctor Castelo Nº 4428009 Madrid, Spain
Emails Help Deskhelpdesk_at_prominencebank.com   Do
cuments Verifyverify_at_prominencebank.com   Bank
Account Openingaccount_at_prominencebank.com