Describe briefly the evolution of banking institutions./banking hs 1st year
general information about Banking Product
New product development in banking is aimed at improving efficiency. All the essential factors should be considered when the product is being developed.
there are different types of banking product 1. e-banking. 2. mobile banking. 3. SMS banking. 4. online transfer. 5. E-payment.
Some of the e-banking products are: a. Internet or Online banking b. ATMs c. Mobile banking d. Telephone banking e. Etc
Describe a recent development in the banking industry. What implications might this development have for the division to which you have applied?
These are two ways to describe the same type of banking: managing your account using the internet instead of walking into a branch.
a mobile banking sales man is someone who represents his bank outside the banking premises to sell company's product and service.
Banking on the support of US FIREPOWER!
In banking, a merchant bank is a financial institution primarily engaged in international finance and long-term loans for multinational corporations and governments. It can also be used to describe the private equity activities of banking
Bank issued letters of credit to be used as currency
TietoEnator's Core Banking Suite consists of components that can be installed independently and integrated into your current banking environment. At the heart of the Core Banking Suite are comprehensive customer, product, and agreement management modules that provides a single and complete view of the financial institution's customers and their engagements with the institution. The Core Banking Suite manages deposit and loan products and credit and debit cards. The application includes a world-leading cash management component, to be used by large corporates to perform cash pooling, sweeping etc in a cross border, multi-currency environment. Product management is possible through a configurable product composer. This gives the bank's business people the flexibility to assemble user-definable banking products with flexible pricing structures and then quickly distribute them through any channel to their banking customers. Sushil Jain / Tapan Sanghvi Biratnagar, Nepal / Mumbai, India
The different types of banking services are:Commercial BankingInvestment BankingRetail BankingWholesale BankingRural BankingPrivate Banking
There is a difference between international banking and domestic banking. International banking is banking among different countries. Domestic banking is banking among one country.
There are many different kinds of banking services available. Some of them are:Retail BankingCorporate BankingInvestment BankingPrivate BankingRural BankingEtc.
All day banking is a term that is used to describe the fact that, the bank is open and available for banking operations throughout the day for the benefit of the customer. For ex: A bank may be open from 9 AM till 7 PM which covers most of the day time in a day to serve its customers. Such a bank can say that it is providing All Day banking services.
As bank is acting as the intermediary so it transfer the amount recieve from those who has in spare and distribute in those who have need of it so the following are the function of banking collection security medium of exchange lending
Difference between chain banking group banking?
No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).
E-banking is an abbreviation for electronic banking.
Banking regulations are rules that are put in place to ensure all bankers carry themselves professionally. The regulations help guard against fraud and other practices that may damage the standing of the institution.
In banking terms, the abbreviation RBC stands for Risk Based Capital. The term is used to describe a policy that has both a chance to lose a part of the investment and a chance to substantially increase the initial capital.
postal banking is the sysem of banking faster system to develop to the banking process.