Informational Site NetworkInformational Site Network

   Home - Science Experiments - Things Worth Knowing - Wise Facts - Curious Facts


Banks are always willing to loan their funds to responsible persons
within reasonable limits. That is what they exist for. There is, of
course, a limit to the amount a bank may loan, even on the best known
security, but the customer of the bank is entitled to and will receive
the first consideration.

The customer should not hesitate, when occasion requires, to offer to
the bank for discount such paper as may come into his hands in the
course of business, if, in his opinion, the paper is good. At the same
time he should not be offended if his bank refuses to take it even
without giving reasons.

Next: Indorsing Checks Etc

Previous: Collections

Add to Informational Site Network

Viewed 7590