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The banks offer financial education to their customers that enables them to make sound and judgmental financial decisions. This financial education enables the consumers to expand their knowledge regarding savings of their money, selecting the best and relevant credit products, making a decisive budgeting and it also offers the protection of the consumers against fraud. Moreover, the financial education enables the customers to be financially stable thus leading to the growth of the economy through enhanced banking.
Both the banks and the customers bear the responsibility of banking transaction. The banks ensure that the tellers are competent to ensure that the transactions are done perfectly. The customers bear the responsibility of ensuring that they follow all the procedures that are necessary for the transactions within the bank.
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Aug 22nd, 2015
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