Visit any commercial bank in your city.Meet the staff and find out yhe procedure for opening a savings bank account.What facilities are available under an account?How frequently can money be deposited and withdrawn from a savings account?What are the advantages of using a cheque for making payments?

Answer 1

This is a good assignment for you! In fact if you are able to open a savings account, you will understand the process much better.

Sra

Answer 2

Banking