0
What is the effect of computerization of ATM in the banking industry?
Wiki User
∙ 13y ago
The benefits of ATMs are as follows:
a. They are located in many places. Just a room is enough to house the machine. No need of a facility to maintain a bank branch
b. Users can visit the ATM anytime they want (24 * 7) No need to worry about bank working hours or holidays
c. Withdrawal of money can be done by the customer at his convenience
d. Banks can reach out to more customers and provide better service and satisfaction to customers
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
In banking what does ATM stands for?
ATM stands for "automated teller machine"
How can you cheak your account balance?
By internet banking orBy calling up phone banking helpline number orBy visiting the nearest bank branch orBy visiting the nearest ATM center and using the ATM cardby internet banking
What are two activities that may be completed eith ATM's?
Two banking activities that can be completed with an ATM are deposits and withdrawals. Account balances can also be checked at an ATM location.
How do you balance inquiry my ATM online?
You cannot perform a balance inquiry on your ATM - Online. You have to either login to your bank account using online banking to check your balance or visit the nearest ATM and use your ATM/Debit card to check your balance. You cannot access your ATM online.
What does ATM mean in banking?
ATM is the abbreviation for Automated Teller Machine, a special computer that allows you to perform certain limited banking tasks -- like withdraw money from your checking account -- using your credit or debit card. A teller is a bank clerk.
How has banking changed in recent years?
With the advent of technical advancements, the banking industry has changed vastly. Some of the new features available for banking customers are: 1. Core Banking 2. Internet Banking 3. Mobile Banking 4. ATM Machines 5. Etc.
What are the effects of using ATM in Nigeria banking sector?
The effectiveness of ATM in Nigeria is one of the easy banking
In banking what does ATM stands for?
ATM stands for "automated teller machine"
Can you get the net banking password by ATM in State Bank of India?
can I get net banking password through the ATM in State Bank of India?
What does ATM stand for in the banking system in India?
ATM- Automated Teller Machine
What requirement to get ATM?
In order to get an ATM, you will have to acquire enough capital to open a bank. Upon doing so, you will have to be granted a charter by your local state government and pass certain banking requirements by several Federal government commissions designed to regulate the banking industry. With that in mind, best of luck in your endeavor, good sir!
How do you write a letter to replace ATM and include net banking facility in that ATM?
ATM full form Automatic Tailor Machine
What of following is an example of electronic banking?
Using an atm
What are the emerging trends in bank?
Emerging trends in banking are atm,debit and credit card,internet banking,core banking,mobile banking,NEFT,RTGS,MICR cheques and draft etc.............
What is the relationship between ATM banking as a service and the satisfaction of clients?
ATM banking services the need of clients to at any time check the balance of their account and/or access the money in their account.
Barclays banking abbreviations what does DWL stand for?
what does ATM stand for
What is full abbreviation of ATM in banking?
automatic tralor machine.
