Universal Banking is a type of Bank whose philosophy is to offer all products and services to all potential customers and throughout the world. It is a banking model that has been favored thanks to phenomena such as globalization and electronic banking, which have made it possible to widely diversify the banking offer.
In this sense, many banking entities have set themselves the objective of developing this universal banking model, a model that for the entity's client has the fundamental advantage that it can centralize all its banking operations in a single bank.