Accounting and Finance

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Accounting and Finance - Banks

Banks are major players in the accounting and finance operations of businesses of all sizes. Therefore, to understand the operation of the accounting systems within or between businesses, or the finance structures within which a business operates, it is important to be aware of the nature of banks and how they operate. This section details a number of the many banks that operate in various places around the world. It is no longer the case that banking is restricted by geography and technology is making this true in practice for more and more businesses, by opening up international banking opportunities to smaller enterprises.

Barclays Bank

Although UK retail banking was a little slow to get moving on the Internet, the industry is now rapidly making up for lost time. Barclays Bank is currently leading the field in this area and its Web site shows imagination and common sense in the way it offers the huge range of information it has on its site. The Web site is arranged by category, including: Personal Banking, Business Banking, Investment Banking and Online Banking; Asset Management; and Barclays Group (Investor) Information. The site is currently pushing online banking, a growing area which may well expand in the future, as it minimises the costs of account operation for the bank and maximises accessibility for the computer owning account holder.

Further References

International Monetary Fund (IMF)

Qualisteam

Singapore University - International Finance

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