Understanding Types of Bank Accounts

To offer investment opportunities

To facilitate international transactions

To provide insurance benefits

To provide convenience, safety, and security for money (correct)

Only at nonbank financial institutions

Brick-and-mortar bank, credit union, or online bank (correct)

Exclusively at international banks

Through mobile payment apps

Option to write checks and make electronic payments (correct)

Opportunity for high-yield investments

Access to microloans for small businesses

Ability to deposit money in foreign currency

<p>The features and benefits they offer</p> Signup and view all the answers

<p>Deciding where to keep your money</p> Signup and view all the answers