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easy to contact

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doesnt have time restrictions, always avaliable

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makes things more convenient and less time consuming

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Instant

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product range can be too small

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walking into a branch might be too time consuming

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walking into a branch is time cosumming

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they can lose your money if they fail

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less likely to get duped by bankers

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direct guidance and good customer service.

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Rural areas will have less access to branches, hence other methods would be preferable

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24/7

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The postal services is slow, so it takes a long time to communicate

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slow

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24/7

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you get a great personal service that makes you feel important

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require a long time but are quite secure.

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Banking online is easier to hack, whilst physical communication like letters and going to the branch is safer

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they can lose your money if they fail

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good
customer service

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Easily Accessible

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quick and easy

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Offer a more personal service