# Multiple bank accounts

- Canonical URL: https://www.gerhardmerk.de/multiple-bank-accounts
- Post ID: 594819
- Modified: 2023-07-25T21:12:57+00:00
- Language: en

## Definition

Unless otherwise defined, this refers to the fact that a private household - or, more rarely, a company, where it is customary to maintain accounts - has accounts with several banks. Because, according to surveys, just over fifty percent of customers in Germany compare the charges for banking services, the individual institution must endeavor to work to the customer's satisfaction. Competition in the retail business is correspondingly strong. - See credit scoring procedure, market forces, McDonaldization, personal loans, personal credit, retail business, wholesale banking. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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