What is the most basic function of a bank?

1) as a credit intermediary between enterprises. Credit intermediary is to absorb people's money into their own banks in the form of deposits, and then distribute the money to enterprises in the form of loans, and combine the rich with those who need money through intermediaries.

(2) Acting as a payment intermediary between enterprises. When doing business between enterprises, it is best to pay in one hand and deliver in the other, but there are thousands of enterprises in Qian Qian, which are not engaged in the same field. Now all economic activities are settled by bank transfer, which can successfully pay money and complete the circulation of goods. (3) Converting monetary income and savings into capital. This function is the deepening of the second function. A penny may not have much effect, but many people put a penny in the bank, and the bank will become tens of thousands, hundreds of thousands or even tens of millions, which can help an enterprise achieve great things and become capital, thus developing production.

(4) Creating credit instruments. Various credit instruments did not exist at the beginning, but gradually emerged with the requirements of the economy, so the development history of banks is a history of continuous innovation. When banks came into being, there were two businesses, deposits and loans. There are bonds, stocks, bills of exchange, promissory notes, checks, credit cards and certificates of deposit, all of which are innovative to meet the requirements of the economy. Without innovation, banks cannot survive. Now there are futures and options, and more modern tools are also created by banks. (5) Financial service function. Banks carry out some financial services, such as paying salaries, collecting telephone and gas bills, issuing securities, evaluating assets and accounting. ?