BizTerm Definition
Services (no risk)
Full Definition

It consists of product types which are not related to any other group of products; upon which the bank earns fees directly from customers. Product types in this group include: 1. Transfers. 2. Safekeeping. 3. Cheques/Drafts/Eurocheques. 4. Safety Deposit Box. 5. Insurance Services. 6. Consultancy.

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