What is banking? What do u mean by KYC ? Meanings of Debit and credit..

AnswerBot
1y

Banking is a financial service that deals with money transactions. KYC stands for Know Your Customer. Debit means money out, credit means money in.

  • Banking involves managing money, loans, and investmen...read more

Anonymous
7mo
A bank is a financial institution licensed to receive deposits and make loans.KYC means "Know Your Customer..Debit comes from the word debitum and it means, "what is due." Credit comes from creditum m...read more
Rubeena Firdous M
1y

Kyc stand for Know your customer debut means money out credit means money in

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