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Rrrrrrrrrrr

In: Business and Management

Submitted By rebelraihan
Words 9658
Pages 39
What is E-banking?

.Online banking or Internet banking
. In simple terms it does not involve any physical exchange of money, but it’s all done electronically, from one account to another, using the Internet. . From a personal computer, customers can access their bank account information, and perform many banking functions, like transferring money, making a loan payment Once they register themselves on a bank website, they can view .Their accounts, credit card & home loan balances * Accrued interest, fees and taxes * .Transaction details of each account Pay bills . Transfer funds to third party accounts which you nominate . Open a deposit right from the terminal you are sitting at. . However, till now Internet services in Bangladesh only allows for a minimum level of interactivity such as . Answering e-mail queries . Feedback forms . Articles asking for readers’ opinion at the end .An accountholder, armed with a password, can use the Net to order a cheque book, stop payment of a cheque and spot the balance and individual operations in the account and transfer funds.

E- Banking Services and Products

E banking products and services can includes wholesale products for corporate customers as well as retail and fiduciary products for individual customers. Ultimately the products and services obtained through internet banking may mirror products and services offered through other bank delivery channels. A brief description of retail and wholesale products and services are given below.

Automated Teller Machine (ATM)
Automated teller machine (ATM) is a computerized telecommunication device that provides a financial institute s customer with a method of financial transaction in a public space without need for a human clerk bank teller.

Debit Card
Debit card is a plastic...

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