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Do banks monitor or record customer transactions involving exchanging smaller denomination for larger denomination bills?
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What are the function of bank statement?
Most banks usually send a hard-copy (paper) statement of the list of transactions in your bank account every month or every quarter. A statement is nothing but a record of all transactions that happened on your bank account. It gives an opportunity to the customer to check if all the transactions were legitimate. If the customer feels that one or more transactions were not done by them, they can file a complaint with the bank.
What is the explanation of revenue cycle?
The revenue cycle is the sequence of transactions beginning from the time when a sale is first made, through billing the customer, through the time cash is received from the customer in payment of the bill.
What does Qps in online transactions mean?
Qucik Payment System, or Services. It's a MaterCard trans, generally, and indicates that a customer signature is not required.
What transactions are recorded in the debit column of a customer account?
The main one would be sales. But you can also have refunds given and late payment charges.
What balance identifier (BID) is used for filled customer orders collected (FOC) transactions recorded into the accounting system?
R/USSGL 425200
Who is cashier?
a cashier deals directly with customer in monetary transactions
Where can one find Business Transactions online?
You can find business transactions under your account on the website of the bank that you are a customer of. You can also view transactions from websites that you purchase goods from.
What is the monthly summary of transactions sent to a customer called?
A monthly statement or monthly invoice is typically sent to a customer summarizing all transactions for that period. It provides a breakdown of charges, payments, and any remaining balance.
What are the function of bank statement?
Most banks usually send a hard-copy (paper) statement of the list of transactions in your bank account every month or every quarter. A statement is nothing but a record of all transactions that happened on your bank account. It gives an opportunity to the customer to check if all the transactions were legitimate. If the customer feels that one or more transactions were not done by them, they can file a complaint with the bank.
What is the name for the personalized password that each customer must enter before making ATM transactions?
PIN
Core competency in banking industry?
core are - customer service - effective transactions - competent risk management hth, Andreas
What is the explanation of revenue cycle?
The revenue cycle is the sequence of transactions beginning from the time when a sale is first made, through billing the customer, through the time cash is received from the customer in payment of the bill.
What is the difference between customer service and customer care?
The difference between customer service and customer care is scope. Customer service provides friendly help to customers with the completion of transactions, but it is usually expected as part of the job. Customer care is more extensive, as it treats customers special and makes them feel like an essential part of the business, which can pleasantly surprise them.
What services does csg systems offer?
CSG services try to make life easier for customer service representatives. it delivers customer care and billing services to clients demanding high volumes of transactions.
Secure transactions:?
Payment gateways make sure that customer information is protected during transactions and make sure that it is safe from potential hackers or data breaches. This helps you build trust with customers and keeps your business reputation intact.
Explain special relationship between banker and customer?
Bankers and customers work together to do financial transactions. A good banker will help a customer secure mortgages, balance accounts, and maintain a good relationship with the bank.
What types of careers are there involving in the internet?
Tyes of careers involving Interent include blogging ,video blogger, web designing. There is customer service , marketing careers. Graphic Designer, sales rep etcc
