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Highlight four services that commercial banks offer to their customers.

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  • Accepting deposits(from clients)
  • Lending money to clients
  • Safekeeping of valuable items
  • Effects payments for clients/money transfer services
  • Providing foreign exchange services
  • Giving investment advice to clients
  • Guarantor to their customers when taking loans with other financial institutions. 
  • Acts as a referee/ trustee
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