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There were no ATMs (they didn't come out 'til the early 1980s). When you went to your bank to cash a check, the teller had to pull a microfiche copy of your signature for verification.

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14y ago
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11y ago

They used manual accounting methods (pen and paper), typewriters, telephones and letters !

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Q: How did banking work before computers?
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Related questions

The impact of computer in the banking sector?

The impact of computers in the banking sector cannot be understated. Computers have transformed every aspect of the banking industry


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Do you mean how will computers be important in banking ? Because that doiesent make much sense


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Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers. The only disadvantage I can think of is the fact that, if the computers of a bank fail, the bank will be unable to carry out its banking operations until it is back up and operating like before.


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Most banks now offer online banking features


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24 times then is work


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state two uses of computers in banking


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Computerization has been a revolution in the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


What is the concert of computerization in banking system?

Computerization has been a revolution the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


Impact of computerization in banking system?

Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


Role of computerization in the banking sector?

Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


Why does computer used in bank?

Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


What are the applications of computer in banking sector?

Computerization has revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.