asked 155k views
5 votes
Which of the following is NOT a common feature of a

financial institution?
Direct deposit
Access to ATMs
Debit cards
Investment trading

asked
User KDecker
by
8.5k points

1 Answer

11 votes

Answer:

Investment trading

Step-by-step explanation:

Financial institutions' core business is to sell loans. They accept deposits from customers and use those deposits to create loans to firms and individuals. Financial institutions are intermediaries of credit; they connect the demand and the suppliers of credit. Direct deposits are a way of depositing money while ATM's and debits card gives customers access to their deposits.

Investment trading is a service offered by stock exchange markets through stockbrokers and investment banks.

I

answered
User Gene De Lisa
by
8.7k points
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