What is a financial supermarket?
Financial supermarkets are institutions that offer a wide range of different financial services. The concept of this type of establishment is to provide individuals and businesses tools for managing their resources through a single provider than to provide different services from many sources. In some cases, the financial supermarket can offer incentives that encourage customers to enroll in all relevant programs offered in the store, which is measures that can save clients and possibly increase the return on investment and other financial accounts.
The typical financial supermarket will provide all basic Komerční banka services. Customers can easily set up control and savings accounts, set up a deposit certificate, get loans and even create a credit line. In addition, the supermarket will also allow the consumer to ensure life insurance coverage and participate in various types of investing, such as buying bonds or buying and sales of shares. All these services areAvailable as separate services, but some supermarkets also offer packages associated with consumers that allow consumers to create three or more related accounts for a reduced fee.
One of the main advantages for consumers is the convenience associated with trade through a financial supermarket. It is possible to save a check, add money to savings, buy and sell shares and check the current cash value of life insurance, all in one visit to the supermarket. This approach in one place can save a lot of time and also simplify the process associated with different transactions. For example, if a customer wishes to buy shares and prefers to pay cash, it is a simple process that converts the correct amount of the fund from his cash account in real time in real time.
Depending on the Set of Services offered to consumers, the financial supermarket can also save money for a banto the financial fees and accounts for accounts. The concept of volumes, common in the telecommunications industry, is also found with some supermarkets in different countries. For example, if a customer sets up a check -up account, a savings account and a life insurance policy and purchases a bond problem via a supermarket, there is a great chance that it can get a higher interest rate on a savings account and may not have to pay a monthly inspection fee. In the case of this, all financial services with a financial supermarket allows you to save some money every month and also get a higher return on any balance at the moment.