Is Commercial Bank a checking account?

When it comes to personal checking accounts, The Commercial Bank makes it simple by offering a variety of personal accounts to meet different financial needs and lifestyles.

Does Commercial Bank have online banking?

General Information. What is Online Banking? Online Banking is one of the fastest, most convenient ways to access your personal banking information. With Commercial Bank online banking you can access deposit and loan accounts, view balances, transfer funds and pay your bills from your computer.

What is meant by Commercial Bank?

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.

What are the types of commercial bank?

There are primarily 3 types of commercial banks – public sector, private sector, and foreign banks.

What is commercial bank money?

Commercial bank money consists mainly of deposit balances that can be transferred either by means of paper orders (e.g., checks) or electronically (e.g., debit cards, wire transfers, and Internet payments). Some electronic-payment systems are equipped to handle transactions in a number of currencies.

Does Commercial Bank have an app?

Our Mobile Banking App allows you to quickly and easily review account activity, transfer funds, pay bills and deposit checks all from your mobile Device. Mobile Banking is a free* service from The Commercial Bank that allows you to access your accounts anytime, from anywhere, using your Apple or Android device.

How do you set up a commercial bank?

You are to submit a formal application for the grant of a license. The application should be addressed to the Governor, Central Bank of Nigeria; accompanied with the following documents: A feasibility report of the proposed bank. A draft copy of the memorandum and Articles of Association of your bank.

What is the Commercial Bank app?

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What is the Commercial Bank Mobile App?

‘ComBank Digital’ has its own mobile application which allows you to handle your finances swiftly and securely on the go. The mobile application is compatible with both iOS and Android operating systems, and complies with international standards and best practices adopted to provide utmost user security.