Electronic Banking Meaning

E-banking or virtual banking or net banking or internet banking is an electronic payment system wherein customers of a given bank can perform all their banking transactions. Do Just About Anything Electronic banking offers a wide range of features.

Chapter 7 Electronic Banking

The ownership of funds and transfers of funds between financial institutions are recorded on computer systems connected by telephone lines.

Electronic banking meaning. Electronic banking definition banking transactions conducted through computerized systems as electronic funds transfer by automated-teller machines intended to speed operations reduce costs etc. The use of the internet to organize examine and make changes to your bank accounts and. It is also known as electronic funds transfer EFT and uses electronic means.

The Concept of Electronic Banking Generally speaking electronic banking systems are electronic systems where the transactions and relationships between the bank and clients grow through electronic devices instead of paper documents. Electronic banking also known as electronic funds transfer EFT is simply the use of electronic means to transfer funds directly from one account to another rather than by cheque or cash. The elimination of obstacles to cross-border electronic banking would improve the situation for consumers and business customers who would benefit from sound economic competition.

Routine banking by means of EFT is considered safer easier and more convenient for. Electronic banking in American English noun banking transactions conducted through computerized systems as electronic funds transfer by automated-teller machines intended to speed operations reduce costs etc. Electronic banking or E-banking is a broad category of accessing banking services via electronic means whereas Internet banking is a part or type of electronic banking.

With this service you save your time by carrying out banking transactions at any place and at any time from your home or office all you need is internet access. In general electronic banking includes any banking service or feature that is computer-based and accessible using electronic devices. Examples of electronic banking.

E-banking is a safe fast easy and efficient electronic service that enables you access to bank account and to carry out online banking services 24 hours a day and 7 days a week. Electronic-banking meaning A form of banking in which funds are transferred electronically between financial institutions instead of cash checks or other negotiable instruments being physically exchanged. In other words e-banking refers to all the financial transactions undertaken by any financial institution over the internet.

De très nombreux exemples de phrases traduites contenant electronic banking Dictionnaire français-anglais et moteur de recherche de traductions françaises. You can transfer funds between accounts and pay bills. The use of the internet to organize examine and make changes to your bank accounts and.

Many banks are replacing traditional checks and deposit slips with electronic fund transfer EFT systems which utilize sophisticated computer technology to facilitate banking and payment needs. De très nombreux exemples de phrases traduites contenant electronic banking services Dictionnaire français-anglais et moteur de recherche de traductions françaises. Electronic banking - Traduction française Linguee.

In other words E-banking means that kind of banking in which the bank uses electronic or satellite-based computerized devices for ensuring promptness and accuracy in banking transactions. E-banking is a blanket term used to indicate a process through which a customer is allowed to carry out personal or commercial banking transactions using. However the increasing pace of electronic banking distance selling and electronic commerce will render the differences between home and host rules obsolete.

Chapter 7 Electronic Banking

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Chapter 7 Electronic Banking

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