The primary role of custodian banks is to safeguard the assets of institutional, corporate or individual clients. This includes holding stock certificates, securities and other assets. More »

Banks essentially operate as storage and exchange systems for cash and financial assets: people and corporations place money in banks, which is then circulated among customers to help people pay for various items. When p... More » Business & Finance Personal Banking

According to Business Standard, a bank guarantee works by paying a previously specified amount of money to a beneficiary only in the event that a client defaults on a contract. When a bank client enters into a business c... More »

A depository bank is a bank that stores assets or securities for clients at its location and facilitates the exchange of securities. A depository bank can also serve as both a payor and collection bank. More »

Based on market capitalization and total assets, Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce are the five largest banks in Canada. Each of tho... More » Business & Finance Personal Banking Banks

In 2014, the bank ranked first on the Forbes list of best banks was Prosperity Bancshares, holding total assets of $16 billion. Following in second and third place were Signature Bank and State Street. More » Business & Finance Personal Banking Banks

Mutual of Omaha Bank, Union Bank, BB&T and Executive National Bank are a few banks that let clients pay their homeowners' association fees and other dues online. Some of the online payment options from these institutions... More » Business & Finance Personal Banking Banks