July 2015

Financial Insitutions

By |2022-09-15T12:43:42+02:00July 1st, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

BancABC bank. Image credit thestandard.co.zw

BancABC bank. Image credit thestandard.co.zw ZIMSEC O Level Commerce : Financial Institutions Click on any institution to read more about it. Click on an institution to read more about it.

Financial institutions

  • These are entities that provide financial services to people and other businesses.

Types of Financial […]

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June 2015

Commercial Banks

By |2022-09-15T12:43:44+02:00June 30th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Money and Banking: Commercial Banks

Commercial Banks

  • Is a bank that offers services to the general public and to companies.
  • For example Barclays, Standard Chartered, Stanbic and BancABC.

Services offered

  • They accept deposits in the form of current, savings and fixed deposits accounts.
  • They receive or make payments through cheques, direct debit and credit transfers.
  • They […]

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