A bank that deals primarily with commercial customers is called:
A) an Edge Act bank.
B) a retail bank.
C) a wholesale bank.
D) a uniform bank.
E) a liability bank.

Question

Quizplus · Accepted Answer

A wholesale bank deals primarily with commercial customers, providing services such as lending, cash management, and trade finance. Edge Act banks are specialized institutions that deal with international banking, while retail banks cater to individual and small business customers. Uniform and liability banks are not recognized banking terms.

A Bank That Deals Primarily with Commercial Customers Is Called