Answer to Question #265158 in Accounting for Kajal

Question

A Corporate customer, A Retail Bank customer, A customer, Mr Raju who has a Savings Bank account with ‘Indian Bank’ Chennai, A corporate customer

For each of the 4 items listed above, as an advisor, what will be your high-level advice

on the process involved and the benefits to the payer and the beneficiary

Answer 1

Solution:

The abovementioned customers should adhere to the bank's rules at all times, take advantage of the various online platforms to raise their concerns with the bank management, and seek any other help they may need.

The four listed should strive for better ways to manage their accounts by requesting periodic updates with regards to their accounts. They can also employ the services of a bank manager who can control their finances and ensure that everything is running smoothly.