Banks are absolutely necessary for success of the modern commercial enterprises

Banks are absolutely necessary for success of the modern commercial enterprises. They provide a place for safety of money and securities, and they do the payment of invoices much more convenient than if the currency instead of checks was more substantially is used. But the big advantage of banking establishment to the businessman - possibility which it gives it money, maintenance of cash for continuation of its business while its own capital is locked in the goods or in hands of its debtors. Other important advantage should be found in the services given by banks of a collection of checks, notes, and projects.
VI. BANK ACCOUNTS