none, even the old system or even the hawala banking uses electronic means. While you can find banks in some countries which still have a book and cards and even handwriten notes, but execution of a wire transfer or payments or letters of credits and guarantees is now a days electronic because the Central Bank controlled settlement or execution of financial activity requires it.
The old traditional banking requirements still apply, just the details and data is stored electronically, paperwork is still done by hand mostly.
Difference between chain banking group banking?
difference between modern and traditional banking is
the difference between home banking and on line banking is the way how to deposit and withdraw your money savings.home banking is you go personally to the bank company and deposit there . while on line banking is you just go to the electronic machine using w/ your card or via mobile phone .
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how many kinds of electronic banking?
There is no didderence as such! Corporate Banking fall under wholesale banking.
An electronic stopwatch gives a higher accuracy than a mechanical stop watch.
The difference between corporate banking and ordinary civilian banking is that corporate banking helps businesses with their international transactions, by receiving and sending money as well as manage foreign currency.
tero bau
Wholesale banking is the business transactions that go on between banks. Retail banking has to do with direct customers of the bank.
NO