Since you did not give a list of choices, here are some of the major functions of a bank. These functions include the following:
1. - accepts deposits
- advances loans
- receivesof valuables for safe custody
- acts as referee
- issues letter of credit in foreign trade
- acts as underwriters
- acts as information banks
- merchant banking service provider
- deals in foreign exchange
- issues gift cheques
- issuers of travelers cheque and credit cards
- bullion trader
- sale and purchase of stock exchange securities
- acst as clearing house
- administration of wills and trusteeship
I hope this helps!
