-Pay creditors using cheques, hence safety and does not have to
go to the bank.
- They can get bank overdraft facility when they do not have enough
cash.
- They do not have to maintain minimum balance unlike in other
accounts hence can use all the funds in the account.
- Controlling and licensing of business
- Controlling business rent through rent tribunals.
- Advise business people on better production and business
management through seminars, workshops, journalism etc.
- Give loans to businessmen
Githiari answered the question on September 22, 2017 at 19:54
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