We open current account(s) with a commercial bank for a purpose of ---

We open current account(s) with a commercial bank for a purpose of --- Correct Answer Safe custody of funds

The term commercial bank refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking.
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Related Questions

 For a research purpose 2500 individuals were interviewed. Among them 750 persons have bank accounts in State Owned Commercial Banks (SOCBS) and 2250 persons have bank accounts in Private Commercial Banks (PCBs). How many of them have bank accounts in both SOCBS and PCBs?
Computer accounts and user accounts in your domain have been seperated into OUs for administrative purpose. You want to require strong passwords for the local user accounts only. What should you do?
রেওয়ামিলে দেনাদার ৫২,০০০ টাকা, লিখিত অনাদারি পাওনা ২,০০০ টাকা এবং অলিখিত অন্যদায়ি পাওনা ২,০০০ টাকা। যদি দেনাদারের ওপর ৫% সঞ্চিতি রাখা হয় এবং অনাদায়ি পাওনা সঞ্চিতির ক্রেডিট ব্যালেন্স ১,০০০ টাকা হয়, তাহলে চলতি বছরে অন্যনায়ি পাওনা সঞ্চিতি কত রাখতে হবে? (In trial balance, account receivable is of Tk. 52,000 recorded bad debt of Tk.2,000 and unrecorded bad debt of Tk. 2,000. What is the amount of allowance for doubtful accounts kept in current year if the allowance is 5% on accounts receivable and credit balance in allowance for doubtful accounts currently is of Tk. 1,000 )
Accounts receivable at the end of the month is Tk 80,000. Bad debts are expected to be 5% of accounts receivable. If Allowance for Doubtful Accounts has a credit balance of Tk 1,000 before adjustment, what is the balance after adjustment?
The mixing vat in a factory receives liquid ingredients through six separate value--- labeled R.S.T.U,Y and Z -- each of which has exactly two settings: open and closed.The mixing vat operator must ensure that each valve is set open or closed according to the following conditions: If T is open, both S and Z must be closed, R and Z cannot both be closed at the same time; If Y is closed, Z must also be closed;S and U cannot both be open at the same time. If Z is open, which of the following must be true?
The mixing vat in a factory receives liquid ingredients through six separate value--- labeled R.S.T.U,Y and Z -- each of which has exactly two settings: open and closed.The mixing vat operator must ensure that each valve is set open or closed according to the following conditions: If T is open, both S and Z must be closed, R and Z cannot both be closed at the same time; If Y is closed, Z must also be closed;S and U cannot both be open at the same time. If R is closed and U is open, which of the following must be true?
We open account (s) with a commercial bank for purpose of -----
Which private commercial bank of Bangladesh has acted as the Central bank of Maldives before the country formed its won Central Bank?
which private commercial bank of Bangladesh has acted as the Central bank of Maldives before the country formed its own Central Bank?
The mixing vat in a factory receives liquid ingredients through six separate value--- labeled R.S.T.U,Y and Z -- each of which has exactly two settings: open and closed.The mixing vat operator must ensure that each valve is set open or closed according to the following conditions: If T is open, both S and Z must be closed, R and Z cannot both be closed at the same time; If Y is closed, Z must also be closed;S and U cannot both be open at the same time. If the maximum number of valves that can be closed at the same time are closed which of the following must true?