The most common cash transactions of commercial banks

The bank is a credit institution that is part of the banking system of the Russian Federation. The most important line of activity of credit institutions on the territory of the Russian Federation is the cash operations of commercial banks. They are carried out by crediting cash finances from citizens or organizations with transferring them to the accounts, keeping the accepted finances and issuing them at the request of the client. Particularly important and important for a credit institution is the satisfaction of the client's requirements in full. Accepting cash, the bank increases its reserves, and due to this, the operations of the active property are strengthened, thereby, the profit of the bank is multiplied. When cash is released to customers, banks charge a commission from it. At the same time they have the right to provide additional services to the client, for example, collection. This is how short the cash transactions of commercial banks proceed.

Other types of operations of commercial banks are important. Active-passive operations of a commercial bank of a special nature represent financial and exchange services. This activity of the bank is the management of securities, in particular, shares, in matters of consultation, in planning the budget and tax period. The dominant operations in the credit institution's activities in question are trust operations, which are the management of trust assets and the values of the fund. The firm enters into a so-called trust contract with the credit institution, according to which the bank takes care of managing the financial resources entrusted to it reasonably and receives income for the owners. In turn, the bank receives a fee for these services.

Despite the fact that the cash operations of commercial banks are widely used, nevertheless, all operations are classified. In banking practice, the types of operations of credit institutions are represented by passive, active, intermediary transactions. When carrying out passive operations, banks collect the funds needed for their successful work. It can be your own finances or attracted. Sources of banks' own finances can be long-term loans and proceeds from the sale of securities, deductions from current profits in the reserve fund . Funds attracted by the bank are formed by means of customer deposits on savings accounts of various types. The most important place when attracting funds is given to loans and discounting of bills. Usually, the banks own funds make up a small part of the funds. For example, it can be noted that even with banks with a known name, own funds do not exceed 10 percent.

Active operations are focused on the application of an organized monetary fund in order to profit was obtained. They are divided into investment and credit. The latest operations are aimed at individuals and legal entities, investment also have their customers.

Despite the fact that the cash operations of commercial banks play a certain role in the development of this organization, the intermediary operations are interdependent by credit, they have generated such a configuration of servicing by the credit institution as factoring, moreover, leasing has also become popular. This activity is aimed at servicing citizens and organizations. So, by factoring, it is prudent to consider the resale of the rights to collect debts, in addition, commercial transactions that are commissioned by proxy from customers. Leasing plays the role of a long-term lease or a financial lease. Operations of the bank with promissory notes have the basic forms. This is the accounting of the bill by the bank, in the event that the bank pays the bill holder a certain amount of financial resources. The holder of this security can be both a physical entity and a legal entity. In addition, to the forms of operations of the bank with bills, you can include loans secured by this security, acceptance, aval bills and commission transactions with a bill.