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* TO maintain account details of customer * cash inflow and out flow * credit and debit details * cheque details * staff details * payroll management * fund transfer * funds management * liabilities and asset records * online banking transaction details * generation of reports
visit : http://ezdia.com
Wiki User
∙ 14y ago
Wiki User
∙ 15y agoIts not just banks that use networks. Alot of businesses do. However one example of why a bank uses networks is, say you go and open a bank account. For you to be able to withdraw money from a different town/city, that would mean (without networks) somebody is going to have to call every bank and give your details and then every time you lodge or take out money they have to call all the banks again to keep them uptodate on your account. With networks, every bank can see your account, whats in your account and it saves having to get somebody call other banks every time you make a withdrawal.
Wiki User
∙ 12y agoComputers are good in banking because they make the work easier to the workers, again it store more information for banking services, in addition they are used for co-ordination to avoid theft in the banks
Wiki User
∙ 12y agoits faster and easier and safer to do their work
Wiki User
∙ 11y agoThey calculate and are used for the storage and retrieval of information contact with clients update accounts the list is endless.
Wiki User
∙ 14y agoEvery aspect in banking is computerized.
All tracking and verification of all transactions is by computer.
Wiki User
∙ 13y ago- They are fast
- Efficient
- Do not make any errors
- Can process a lot of data at a time
- Can store a lot of data
- etc
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Why are computer networks so important in modern life?
because networks are mad with networks
To use a shared printer on a remote PC what must be installed?
A client for Microsoft Networks.
What is the meaning of network of networks?
This is usually used to describe the Internet. A few computers connected together is a computer network. A few computer networks connected together is a network of networks.
What does PAN stand for like a computer term?
PAN stands for Personal Area Network in computer networks(area wise classified networks)
What the term of contextof networks?
in the context of networks , the term ________________usually refers to a personal computer connected to a network .
What has the author Marion Pester written?
V. C. Marney-Petix has written: 'Internetworking' -- subject(s): Computer input-output equipment, Computer networks, Wide area networks (Computer networks), Local area networks (Computer networks), Data transmission systems 'Networking and data communications' -- subject(s): Computer networks, Data transmission systems 'Mastering internetworking' -- subject(s): Computer networks, Wide area networks (Computer networks), Internetworking (Telecommunication), Local area networks (Computer networks) 'Bridges, routers, gateways!' -- subject(s): Equipment and supplies, Bridges (Computer networks), Local area networks (Computer networks), Routers (Computer networks), Wide area networks (Computer networks), Gateways (Computer networks), Internetworking (Telecommunication)
What developments has contributed most of the digital revolution?
social networks . or The internet computer networks
What is computer geographic scope?
Computer geographic scope is the coverage that computers have within a certain geographic area. It is also how far the computer along with its network can reach geographically. Local networks use dedicated data channels and consist of private branch exchanges and local area networks. Wide-area networks use telecommunication channels and also include value added networks.
What is Gate in computer networks?
There are NO GATES in computer networks... So, ask next question...
Why Computer networks were developed?
Networks were developed as a communication method between computers at remote sites
What has the author Jeremiah F Hayes written?
Jeremiah F. Hayes has written: 'Modeling and analysis of computer communications networks' -- subject(s): Computer networks, Local area networks (Computer networks), Mathematical models
Why are computer networks so important in modern life?
because networks are mad with networks
What are in Computer networks?
Computer networks consist of multiple computers and other electrical devices linked together
2.What is different between computer networks and internetwork?
2. What is different between computer networks and internetwork?
What has the author Carl Malamud written?
Carl Malamud has written: 'Analyzing Novell networks' -- subject(s): Computer network architectures, Local area networks (Computer networks), NetWare 'Mobile IP Networking' 'Exploring the Internet' -- subject(s): Internet 'Analyzing Sun Networks' -- subject(s): Computer network protocols, Sun computers, Computer network architectures, Local area networks (Computer networks)
What are the computer application packages banks use?
ms excel,ms outlook
What has the author Gerald D Cole written?
Gerald D. Cole has written: 'Design alternatives for computer network security' -- subject(s): Computer networks, Computer security, Security measures 'Implementing OSI networks' -- subject(s): Computer network architectures, Computer network protocols, Computer networks 'Computer networking for systems programmers' -- subject(s): Computer networks, Systems programming (Computer science)
